Thursday, 23 May 2019

XXXVII, No 5, 04/03/2019

India signs 21 offset contracts in three years

India’s MoD has announced that it signed 21 defence offset contracts with a cumulative value of approximately $5.67bn over the last three years. Last month a parliamentary standing committee on defence announced that India had signed 42 defence offset contracts since introducing the offset policy in December 2002, and had seen few returns.

 

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