MOD Services Website in India will be made even more transparent in India. The decision to promote ‘Ease of Doing Business’ & increase transparency in the capital acquisition process has become more transparent in India – Defence Minister Rajnath Singh announced today saying the ease of doing business in India will be a new example to the world.
Indian Defence Minister approves proposal to publish relevant details of planned procurements on MoD/Services website
Highlights of the new announcement today
- Industry can plan technology tie-ups with OEMs, initiate process to set up production lines & augment capacity
- Details to be published on MoD/Services website within one week of receipt of approvals
- Security aspect to be kept in mind
The Defence Industry has regularly pitched for providing greater access to the details of procurements planned by the Ministry of Defence (MoD) especially with regard to cost, quantity, offsets, trials, transfer of technology, etc which are being envisaged at the Acceptance of Necessity (AoN) stage.
Defence Ministry -To promote ‘Ease of Doing Business’ and provide more transparency in capital acquisition process
To promote ‘Ease of Doing Business and provide more transparency in the capital acquisition process, aligning with the aspirations of industry, Raksha Mantri Shri Rajnath Singh has approved a proposal mandating the Service Headquarters to publish the relevant details on the Service Headquarters/MoD website within one week of receipt of approvals. The details shared will be subject to sensitivities keeping the security aspect in mind.
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This is an important step towards greater transparency & information symmetry and will provide an opportunity to the additional vendors, who did not respond to the Request for Information (RFI) but wish to express interest for receipt of RFP and submission of bid. This timely visibility will enable the industry to plan technology tie-ups with Original Equipment Manufacturers (OEMs), initiate the process to set up production lines and augment production capacity in anticipation of the orders likely to be placed.