Tag: Govt

Aerospace firms seek government support as India increases plane orders | India News

The Indian aerospace industry is experiencing a significant boost in orders from domestic airlines, driving growth for local manufacturers and attracting the attention of international giants like Airbus and Boeing. According to a report by The Economic Times, homegrown companies are now looking to capitalize on this surge in orders and are seeking governmental support […]

Government considering raising local content requirements for public procurement: Report

The government is considering making changes to its procurement policy in order to boost domestic manufacturing. The industry department has put forth a proposal to increase the minimum local content requirement for public procurement for Class-I and -II suppliers. Currently, the requirement stands at 50 per cent, but the proposal suggests raising it to 70 […]

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