Dhir & Dhir Associates - Law Firm Delhi ,India law firm ...
Defence. offset. policy: For every contract exceeding the value of Rs. 300 Crores, as per Defence Procurement Policy, 2011 at least 30% of the contract value has to be ploughed back in the form of direct purchase of components from the Indian industry, equity investment in a joint venture in the defence sector or investments in R&D in India. ................
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