Battles for Indian Partnerships Continues

Published: Thu Sep 7th, 2006
Source: Flight Global



Indian defence procurement plans were stirring to life last week, as several major manufacturers signed industrial agreements and the government issued new directives concerning its forthcoming military purchases.

The defence ministry unveiled a fast-track procedure to approve the purchase of urgently needed equipment, with this to revolve around a newly formed Defence Acquisition Council. While the ministry did not spell out which programmes could fall into the new category, industry sources say it will cover competitions to supply 126 lightweight fighters - a request for proposals (RFP) for which could be issued within the next two months - and almost 200 army light utility helicopters.

As the two deals could be worth almost $16 billion, the government is also keen to avoid the corruption scandals that have dogged several of its previous procurements. The ministry says that all deals worth over Rp1 billion ($22 million) must have pre-contract agreements to prevent "undue influence", and has spelt out punitive measures for procedural breaches.
» Read the full article...

TAGS:

Recent News Articles

Friday, November 20, 2009
Wednesday, November 18, 2009
Tuesday, November 17, 2009
Monday, November 16, 2009
Sunday, November 15, 2009
Saturday, November 14, 2009
Thursday, November 12, 2009
Wednesday, November 11, 2009
Monday, November 9, 2009
Saturday, November 7, 2009
Thursday, November 5, 2009

» Older news articles

Back to the top All content © 2001 - 2009 Air-Attack.com, unless otherwise indicated. All Rights Reserved.
About us | Disclaimer | Privacy Policy | Contact Us | Sitemap | Links
Powered by Symfony Framework
AVIATION TOP 100 - www.avitop.comAvitop.com