Offset Policy
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Centre Tweaks Defence Offset Policy, Allows Leasing Of Military Equipment
In a major move, India has done away with offset requirements for government-to-government defence deals and single-vendor contracts under a new policy unveiled on Monday for the procurement of arms and military platforms for the armed forces, officials said.
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New Defence Offset Policy to Allow International Firms to Change Indian Partner
The Defence Ministry has approved a new policy which restores "services" as eligible offsets for military deals and allows foreign firms to change their Indian partner at any time, subject to approval.
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Centre Tweaks Defence Offset Policy, Allows Leasing Of Military Equipment
In a major move, India has done away with offset requirements for government-to-government defence deals and single-vendor contracts under a new policy unveiled on Monday for the procurement of arms and military platforms for the armed forces, officials said.
-
New Defence Offset Policy to Allow International Firms to Change Indian Partner
The Defence Ministry has approved a new policy which restores "services" as eligible offsets for military deals and allows foreign firms to change their Indian partner at any time, subject to approval.
