Announcement
17 Jul 2017
The Reserve Bank of India (RBI) in its tender document for supply of security features for Indian banknotes has required that the bidder manufacture or commit to manufacturing such security features in India with a domestic value addition of at least 30% from year 3 and at least 50% in the 5th year of a 5 year contract.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
17 Jul 2017
Revocation date:
17 Jul 2022
Updated: 17 Jul 2017
Public procurement localisation
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 t...
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