Decoding Defence Offset in India

17 July 2015

Defence Procurement Procedure (DPP) was first introduced in 2002 to streamline procurement of capital equipment by the Ministry of Defence (MoD). DPP scope was further enlarged through various amendments in 2003, 2005, 2006, 2008 and 2011 etc. The latest DPP was issued in 2012 which was further revised in 2013. The DPP, 2013 aims at providing a boost to the Indian Defence Industry, both in the Public and the Private sector. The new policy is structured to ensure that each piece of equipment that the military requires should be bought abroad only if developing and building it in India proves impossible.

Enlarge View & Download

News & Deals

Applications invited from LegalTech & IP Tech Start-ups / Founders for Embark

IJ advised on Beyond Renewables’ pre-seed funding round

IJ advised Investor in Reia pre-seed funding

Publications

Bridging Jurisdictions: Cross-Border Insolvency in The Gift City Paradigm

Reframing Liquidation Under IBC: Transitioning From Sale as a Going Concern to Asset-Based Realisation

AML Issues & Compliances By Entities In GIFT City

Newsletters

IFSCA Consultation Paper & Draft Master Circular for Broker Dealers and Clearing Members

SEBI INFORMAL GUIDANCE SCHEME 2025: STREAMLINED REGULATORY CLARITY

Recent Competition Law Updates