Indian Government Announces New Public Procurement Policy

By Public Spend Forum ‌‌ posted 06-19-2017 10:00


Agencies from countries where Indian suppliers cannot participate or compete in bids for government procurement, could be restricted or excluded from public procurement tenders in India. This change in the Indian government’s new policy is meant to encourage ‘Make in India’ by giving preference to local suppliers in public procurement. The policy was approved by the Cabinet last month and is aimed at boosting domestic manufacturing and services to better enhance employment, income, and also increase the flow of capital and technology into domestic manufacturing and services.

Full Story: The Hindu

Image Courtesy of Nicolas Raymond



  • International
  • Newswire

Public Spend Forum Recommends

1 to 3 of 51 total
Technology is changing procurement—in nearly all aspects. Yet, adoption of technology in the public sector, in spite of global government spending almost $10 trillion every year, is very low. Public Spend Forum, in collaboration with academia ...
To everything there is a season.  No one knows this more than companies that do business with the Federal government; the Federal procurement season that is. Summer, especially late summer of July through September, is 4th quarter of the Federal calendar ...
Digialisation Dragons (detail from a 15th century miniature in the British Library) We hear about disruptive technologies and live in a VUCA world ( Volatile, Uncertain, Complex, and Ambiguous) . New technologies will change business models as ...

Most Read

Join the Community

Get full access to research and content, networking opportunities, and other exclusive benefits by becoming a member today.