Defence Acquisition Procedure 2020 calls for 50% local content vs 40% earlier3 min read . Updated: 28 Sep 2020, 06:30 PM IST
- Provisions of the DAP are meant to ensure that India turns into a global manufacturing hub. It has included provisions to encourage foreign direct investment to establish manufacturing hubs both for import substitution and exports
NEW DELHI: Domestically designed, developed and manufactured armaments and defence hardware must have at least 50% indigenous content, as per the new Defence Acquisition Procedure (DAP) which was unveiled on Monday. This is up from 40% in the procedures outlined in 2016.
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