Defence Projects Through Private Sector

Defence Projects Through Private Sector Defence capital acquisitions are carried out as per Defence Procurement Procedure (DPP) wherein emphasis has been given to boost domestic defence industry by according higher preference to ‘Buy (Indian-IDDM)’, ‘Buy (Indian)’ and ‘Buy & Make (Indian)’ categories of capital acquisition over ‘Buy (Global)’ category. Any Indian company, as defined in the DPP, can participate in the procurement cases categorised as ‘Buy (Indian-IDDM)’, ‘Buy (Indian)’ and ‘Buy and Make (Indian)’. In the financial year 2015-16, the Government has accorded Acceptance of Necessity (AoN) for proposals worth Rs.45900 Crore approximately, in ‘Buy (Indian)’ and ‘Buy and Mak...
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