MANDATORY PUBLIC PROCUREMENT OF CHEMICALS

June 3, 2020

Minister of Chemicals and Fertilizers said that mandatory public procurement of chemicals and petrochemicals to boost manufacturing and production of goods and services will promote Make in India.

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Department of Promotion of Industry and Internal Trade, DPIIT has recently revised the public procurement order to encourage Make in India initiative with an aim to enhance income and employment generation in the country.
subsequently, Department of Chemicals and Petrochemicals prescribed minimum 60 per cent for 2020-21, 70 per cent for 2021-23 and 80 per cent local content for 2023-25 respectively of local chemicals and petrochemical contents in public procurement.

Source : All India Radio

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