Announcement
15 Feb 2023
The Indian government has announced an increase in allocation for the domestic industry in defence capital procurement.
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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 high...
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