Defence Acquisition Procedure

New defence acquisition procedure favours swift decision making: Shripad Yesso Naik

A need has been felt for identifying strategic partners for defence production in the private sector, Shripad Yesso Naik said.

published on : 28th October 2020

Offset clause chucked out, but conditions apply in acquisition of defence hardware

Under the new DAP, a clause requiring foreign firms to invest 30% of the contract value in the Indian manufacturing sector has been dropped for G2G or single-vendor deals.

published on : 29th September 2020