Global Trade Alert
Global Trade Alert

India: Increased domestic procurement of defence goods in the year 2023-2024

Announcement

15 Feb 2023

The Indian government has announced an increase in allocation for the domestic industry in defence capital procurement.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Apr 2023

Revocation date:

31 Mar 2024

Updated: 15 Feb 2023
Public procurement localisation

On 15 February 2023, the Indian Defence Minister announced that 75% of the budget for defence-related capital expenditure in the year 2023-2024 will be reserved for the domestic industry. This is h...

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