By Dr. Jaijit Bhattacharya
The government’s consistent supportive policies have driven the Indian industry to become increasingly robust, self-reliant and globally competitive. In particular, Government of India’s initiatives such as the Public Procurement Preference – Make in India Policy (PPP-MII) of 2017 (PPP-MII), have been very effective. However, several challenges imperil the Indian industry. As this C-DEP representation underlines, there have been significant violations of the PPP-MII policy that makes the use of 50% local content mandatory in projects. The violations are resulting in continued import of foreign products, endangering local industry and also compromising the quality of projects.
Copyright © 2023. Centre For Digital Economy Policy Research