NEW DELHI — India’s ministry of defense has expanded the list of projects that foreign vendors can use to fulfill their defense offset obligations, to include domestic security and civil aerospace work. The policy change is part of the ministry’s long-awaited Defense Procurement Procedures (DPP) for 2011, which took effect Jan. 1. While the change is being hailed by foreign vendors who have found Indian defense offset requirements onerous, some analysts say the ministry’s original ...
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