Announcement
24 May 2017
As part of its Make in India campaign, the Indian Union Cabinet of ministers approved a policy to provide preference to domestic goods and services procurement in government purchases. The policy provides preference to local suppliers defined as those whose goods and services meet minimum thresholds for local content. The distinction is only on local value addition and no restriction has been placed on the ownership of the supplier between local and foreign holding.
Source
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Number of interventions
3
3 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
24 May 2017
Revocation date:
No revocation date
Announced: 24 May 2017
Local content requirement
In force
The minimum local content under the procurement policy has been set at 50%, unless otherwise specifically prescribed by the nodal ministry, and shall be calculated as the amount of value added i.e. to...
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Announced: 24 May 2017
Public procurement preference margin
In force
The same government announcement included the following provision. For government procurement of INR 5 million (~USD 77,172) and more or where sufficient local capacity and competition doesn't exist, ...
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Announced: 24 May 2017
Public procurement access
In force
The policy for purchase preference for local content in government purchases gives preference to local suppliers that meet the minimum thresholds for local content in their goods and services. The pol...
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