Indian Defence Procurement Policy Set To Boost Indigenous Industry

Indian Defence Ministry’s acquisition council gave approval to the significant changes in the Indian Defence Procurement Procedure (DPP)-2016 to make defence procurement easy and industry-friendly. In a major change, the submission of bank guarantees from Indian private sector banks authorised by RBI in addition to all public sector banks has been approved.┬áThe Defence Ministry told … Continue reading Indian Defence Procurement Policy Set To Boost Indigenous Industry