May 24, 2019 SOURCE: © CTO Data Services Co.
“YOU DON’T UNDERSTAND OFFSET,” NIRMALA SITHARAMAN TELLS TAMIL NADU
India’s defence minister, Nirmala Sitharaman, has asked the Tamil Nadu government to form a committee to review and clear various investment plans for the production of defence equipment in the Tamil Nadu Defence Industrial Corridor.
The offset policy requires foreign defence OEMs to purchase at least 30 percent of contract value...
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