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Global Trade Alert

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India: Localisation requirement in the procurement of Rough Terrain Fork Lift Truck

Description

On 20 February 2025, India's Ministry of Defence signed contracts worth approximately INR 697.35 crore (USD 80.58 million) with ACE Ltd and JCB India Ltd for the procurement of 1'868 Rough Terrain For...

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Intervention Details

Intervention Type

Public procurement localisation

MAST Chapter

M: Government procurement restrictions

Implementation date

20 Feb 2025

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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