{"id":374145,"date":"2020-09-19T08:47:45","date_gmt":"2020-09-19T03:17:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=374145"},"modified":"2020-09-21T08:56:43","modified_gmt":"2020-09-21T03:26:43","slug":"centre-to-ask-foreign-firms-to-use-more-local-materials-for-govt-projects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/centre-to-ask-foreign-firms-to-use-more-local-materials-for-govt-projects\/","title":{"rendered":"Centre to ask foreign firms to use more local materials for govt projects"},"content":{"rendered":"<p>India will demand foreign firms use more locally produced materials when working on government-run projects, a government order said late on Friday. <\/p>\n<p>Indian authorities have been aggressively promoting Prime Minister Narendra Modi&#8217;s flagship campaign of a self-reliant economy by urging domestic manufacturers to cut down on imports. <\/p>\n<p>The Indian trade ministry&#8217;s Department for Promotion of Industry and Internal Trade (DPIIT), ordered all government administrative divisions to notify it of projects valued above 10 billion rupees ($135.96 million) that are planned for the next five years. <\/p>\n<p>DPIIT has still to announce the new local content requirement threshold for foreign firms entering into partnerships for state-run infrastructure projects. The threshold is currently 20-50%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India will demand foreign firms use more locally produced materials when working on government-run projects, a government order said late on Friday. Indian authorities have been aggressively promoting Prime Minister Narendra Modi&#8217;s flagship campaign of a self-reliant economy by urging domestic manufacturers to cut down on imports. The Indian trade ministry&#8217;s Department for Promotion of Industry and Internal Trade (DPIIT), ordered all government administrative divisions to notify it of projects valued above 10 billion rupees ($135.96 million) that are planned for the next five years. DPIIT has still to announce the new local content requirement threshold for foreign firms entering [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,168],"tags":[],"class_list":["post-374145","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/374145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=374145"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/374145\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=374145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=374145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=374145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}