This Brief analyses industry demands and reviews existing regulations in IT and defence procurement markets, culminating with suggestions on a possible way forward for reforms that can avoid adverse implications of industry demands, particularly in view of their potential conflict with important policies fostering indigenisation.
New Defence Procurement Procedure: A Stimulating Preview
The Defence Acquisition Council has decided to introduce a new category of Indian Designed, Developed and Manufactured equipment. This will be the most preferred category, ahead of ‘Buy (Indian)’, which presently occupies the pride of place.