By VIVEK RAGHUVANSHI
NEW DELHI — For the first time, domestic private sector defense companies will be allowed to compete alongside foreign companies in the forthcoming 155mm/52-caliber mounted gun tender, expected to be floated in the next two to three months.
Before, only overseas original equipment manufacturers could participate in the tender, according to the categorization of the program.
The Defence Ministry allowed the participation of domestic defense firms after those companies demanded that the ministry change the categorization of the competition from “Buy and Make Global” to “Buy Global.” The designation allows domestic companies to compete.
Under “Buy and Make Global,” only overseas companies can participate, with the requirement that those companies transfer technology to the state-owned Ordnance Factories Board.
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