Tuesday, 20 April 2021

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XXXVIII, No 8, 20/04/2020

What’s wrong with India? “Draft DPP 2020 is a step in the wrong direction in so many ways”

U.S. contractors are overwhelmingly disappointed with India’s draft Defence Production Policy (DPP-2020), reviewed in CTO 7 dated April 6. The general consensus is that the draft adds yet further complexity and confusion to India’s offset policy while lowering multipliers and raising indigenous content quotas. “I’ve honestly not heard a single positive thing from [U.S] industry…” Indian government officials are equally confused.

 

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