Friday, 29 January 2016

Going local: Petroleum ministry unveils plan

The government is pushing hard with its Made in India campaign in the petroleum sector.
8A draft policy paper calls for a 10% price preference to companies that can meet stipulated local content (LC) requirements in different segments of the industry.
8The idea seems to be to push foreign companies to to go for local sourcing to the point that they can take advantage of the price preference clause.
8Local content is defined as added value brought to India for supply of equipment and services in the..http://goo.gl/WNluOb

Click on the following links for more on this story:

Going local: Self certification will do
Going local: Is it going to fast?

No comments:

Post a Comment