(Editor’s Note: Updated at 5 pm on Sep. 30 with New DAP 2020 document at the end, and previously updated at 9 pm on Sep. 28 with the defence minister’s remarks and reactions from the industry on DAP-220 at the end.) New Delhi: India’s new acquisition rules for […]
New Delhi: India’s top officer responsible for defence acquisition has just dropped the bomb: The recently announced hike in the country’s Foreign Direct Investment (FDI) norms to 74 per cent will not apply to the Strategic Partnership programmes that the armed forces are pursuing. This is big — […]
New Delhi: India’s defence minister Rajnath Singh today threw open the draft Defence Procurement Procedure (DPP) 2020 that aims at further increasing indigenous manufacturing and reducing timelines for procurement of defence equipment for the public to receive inputs from the stake-holders. The draft DPP, prepared by a high […]
New Delhi: India’s Chief of Defence Staff (CDS) General Bipin Rawat‘s office is now prioritising procurement proposals of the armed forces based on immediate needs, and purging the approvals granted for acquisition of equipment that are now obsolete and don’t fit into the scheme of military plans. A […]
New Delhi: India today decided to revise its defence procurement rules, to simplify the acquisition process of arms and ammunition, apart from making the procedures inclusive of the entire military industrial ecosystem. The exercise is to be completed in six months from now. Minister of Defence Rajnath Singh […]
