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Indian govt. tenders worth Rs.13,000 cr withdrawn or cancelled
May 25, 2018
Source: Economic Times

Indian govt. tenders worth Rs.13,000 cr withdrawn or cancelled

In a significant move, government tenders worth Rs.13,000 cr have been either withdrawn or cancelled after the Indian Department of Industrial Policy and Promotion (DIPP) stepped in to align their conditions with the Make In India program. Owing to serious concerns regarding discrimination against the domestic manufacturers and suppliers, the DIPP has asked for immediate issuance of guidelines relating to declarations of items with sufficient local capacity, domestic content.

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