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India to urge foreign firms to source more local materials for government projects

India to urge foreign firms to source more local materials for government projects

The nation has been aggressively promoting PM’s ‘Make in India’ campaign

DPIIT ordered all government administrative divisions to notify about projects valued above $135.96 Mn

Firms in countries that do not allow Indian firms to take part in their govt projects will be excluded from tender bids

Local content requirement threshold for foreign firms entering into partnerships is currently 20-50%

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