New Delhi: In a major relief to COVID-hit industry, India has relaxed the Performance Guarantee requirement for defence contracts to just three per cent of contract value from the existing five per cent to 10 per cent, and this tweaked rule will apply equally to both Indian and […]
(Editor’s Note: The views are that of the author’s. For the writer’s other interests, read the credit line at the end of the article.) By Lieutenant General (Dr) V. K. Saxena From the perspective of self-reliance and ‘Atmnirbhar Bharat‘, India has a reason to cheer in the festive […]
New Delhi: India has released its defence research agency’s procurement manual for 2020 that is aimed at increasing the scope of participation of local industry in military products development. Though the release ceremony was held on Oct. 20 with Minister of Defence Rajnath Singh formally announcing the launch […]
