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Global Trade Alert

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India: Local content requirement for manufacturing currency notes

Description

The Reserve Bank of India in its tender document for Security Features for Indian Banknotes has specified that successful bidders either are required to manufacture the security features in India thro...

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Intervention Details

Intervention Type

Public procurement localisation

MAST Chapter

M: Government procurement restrictions

Implementation date

17 Jul 2017

Revocation date

17 Jul 2022

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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