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High-level committee to review defence procurement policies

Saturday, August 17, 2019, 4:05 PM

A 12-member high-level committee has been formed by the Union government to revise and align the procedure of Defence procurement with the aim of strengthening the 'Make in India' initiative. The panel headed by the Director-General (Acquisitions) has been tasked to review the Defence Procurement Procedure (DPP) 2006 and the Defence Procurement Manual (DPM) 2009.
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Tender for torpedoes worth Rs 2000 crores issued

Monday, July 15, 2019, 6:49 PM

Seeking to boost the Indian Navy's firepower, the Defence Ministry has issued a tender worth over Rs 2000 crore for buying around 100 heavyweight torpedoes which would be equipped on the force's six Scorpene-class submarines being built at the Mumbai-based Mazagon dockyards. Global manufacturers from France, Sweden, Russia and Germany have been issued tenders for the heavyweight torpedoes for the Navy.
 
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Defence ministry to adopt new procurement policy

Friday, May 10, 2019, 11:18 AM

The defence ministry will be adopting a new procurement policy that will define the level of indigenous content for defence equipment and give higher-preference to local vendors in contracts and to start with, it has identified military textiles such as bulletproof jackets, boots and high altitude clothing for this purpose. The ministry will also identify other defence equipment where the policy can be applied.

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