India Simplifies Procurement Procedures

India Simplifies Procurement Procedures 17 January, 2018

Indian Defence Ministry has relaxed its procurement norms to encourage developing private-sector companies to participate in military tenders. The Defence Acquisition Council introduced significant changes in the ‘Make II’ category of the Defence Procurement Procedure, allowing even start-ups to develop equipment for the Indian Armed Forces. As per the procedure, no government funding is involved in production and the development process should be funded by domestic industry.

Issue 86