Defence Purchases Foreign and Indian Vendors

Defence Purchases Foreign and Indian Vendors The expenditure on purchase of defence equipment for the three services in the last two years and current financial year, from the Foreign vendors and Indian vendors is as given below:-(Rs. in crore) Total Procurement Procurement from Foreign Vendors Procurement from Indian Vendors 2014-15     77986.32     29159.69   48826.632015-16     76178.80     26190.46   49988.342016-17(upto 30th June 2016) 9824.00 3317.54 6506.46 Offset guidelines were introduced for the first time in DPP-2005 and have gradually evolved since then. Regular interactions / consultations are being held with the domestic industry association to address their concerns, if any and seek their inputs. The latest offset guideli...
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