In order to provide focus on ‘Make in India’ initiative of GoI, three policies viz, Outsourcing, Long Term Procurement & Vendor Development and Indigenization Policies have been formulated as per MoD directives. The aim of three policies is to enhance outsourcing through increased vendor/manufacturing base. All three policies will work in sync with common aim to increase indigenization/ local content in our shipbuilding projects.
The following are the major initiatives taken in this regard:
- Make in India Policy (Outsourcing, Long Term & Vendor Development and Indigenization)
- Online vendor Registration
- Regular Vendor meets.
- Implementation of e-Procurement
- Amendments to Purchase Preference Clause Applicable to Indian Manufacturers Over Foreign Manufacturers