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DEFENCE OFFSET AND PROCUREMENT
Trusted Interdependence: India's next step in defence self-relianceIndia's defence strategy has shifted from 'Make in India' to 'Aatmanirbharta', emphasizing indigenous development and discouraging imports....- Rubio on a rescue mission in India? Here are the high stakesUS Secretary of State Marco Rubio visits India to strengthen ties. The visit addresses trade friction and strategic concerns. The US seeks ...
- Why are copper prices near high and will the momentum continue?Copper prices remain near record levels, supported by AI-driven data centre demand, global electrification, tight mine supply and geopoliti...
- No offset obligation lapsed in last five years: GovtThe quantum of defence offset obligations for which claims have been submitted is USD 6.85 billion, the government said on Monday. Replying...
- View: What is to be done with India’s defence offset policy!The objectives of India’s defence offset policy need to be revisited to facilitate innovation-based transformation. Perhaps, the need of th...
- Value of defence offset commitment is USD 6.83 bn in last 15 years: GovtEstimated total value of the defence offset commitment that was required to be implemented over the last 15 years is USD 6.83 billion
- India does away with offsets for G-to-G defence deals with CAG's Rafale report outThe new Defence Acquisition Procedure (DAP), cleared by the defence ministry on Monday, has done away with the need of foreign companies in...
- ET View: Defence sector's ‘Make in India’ totally doableMoD, don’t wait for the offsets policy to mature
- Congress rejects Jaitley's contention on Rafale, says FM not aware of defence procurement policy provisionsThe Congress' reaction came after Jaitley accused the opposition party and its leader Rahul Gandhi of "peddling untruth" on the deal and se...
- Contract threshold for offsets raised in new Defence Procurement ProcedureIt has also brought down the Acceptance of Necessity (AoN) validity to six months from earlier one year, which means that the forces will h...
- Speeding up defence deals: Government to ease offset clause for procurement contractsThe defence ministry has, however, mandated that winners of contracts must seal offset arrangements, within a year of signing the main deal...
- Remove bottlenecks in defence offset and procurement: CIISujith Haridas, Deputy Director General, CII said that there is a need to de-bottleneck issues relating to defence offset and procurement.
- IT companies eye offset contracts in new defence buy dealCos expect the govt to let them participate in defence offset contracts under the new Defence Procurement Procedure proposed to be announce...
- Massive revamp of MoD purchase procedure soonThe government is also finalizing a massive overhaul of defence procurement procedure, providing first opportunity in all contracts to Indi...
- 20% penalty for vendors failing offset rule: Defence MinistryDefence Ministry said that 20% penalty will be imposed on vendors failing to fulfill offsets obligation within the prescribed time frame.
- With defence purchases on the rise, the policy on offsets calls for clarityPolicy clarity on defence offsets is of vital import, now that several big-ticket military hardware purchases from abroad have been finalis...
- Government reviewing defence offset policyAiming to do away with "ambiguities", the government is reviewing its offset policy for defence deals, a senior Defence Ministry official s...
- Raise FDI cap in defence sector to 49 pc: AssochamIndustry body Assocham has asked the government to raise the foreign direct investment cap in the defence sector to 49 per cent for enablin...
- DPP 2008 banking on defence offset to power indigenous industryThe ministry of defence has unveiled the much-awaited revised policy for defence purchases (Defence Pocurement Policy or DPP 2008), which s...
- 'Foreign investors not enthusiastic about investing in defence sector'Despite the Centre permitting 100 per cent equity with maximum cap of 26 per cent on FDI, Foreign investors were not showing much enthusias...
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