No offsets applicable in IGA, G2G, single vendor

New Delhi: Offsets will not be applicable in three categories, including Inter-Government Agreement (IGA), Government--to--Government (G2G) deal and single-vendor, a senior official in the defense ministry said on Monday.The official said the policy ...

Defence Minister Rajnath Singh unveils new Defence Acquisition Procedure

New Delhi: Aiming to make India as a global manufacturing destination of military platforms, reduce timelines for acquisition of defence equipment and allow purchase of essential items by the three services, Defence Minister Rajnath Singh on Monday u...