Wednesday, August 14, 2013

IT Ministry pushes through with 'go local' procurement policy

Telecom and IT hardware suppliers such as Cisco and Hewlett Packard will have to set up a fully fledged manufacturing facility in India if they want to get Government contracts. The Ministry of IT and Communications has notified the guidelines under which 30 per cent of all equipment supply contract will be reserved for companies with manufacturing base in the country. The quota for locally made goods will increase over the next few years.

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