Procurement Professional is the official publication of CIPS Australasia

Indian industry missing opportunities in global government procurement

26 Aug 2010

Source: SME Times

While the foreign share in India's government procurement is significant, Indian companies fail to utilise the opportunity in global government procurement due to tough norms abroad,  said Additional Secretary, Ministry of Commerce and Industry, D.K Mittal in New Delhi. "We need to make the industry aware and ask them what we should be doing and what will be the implications," Mittal said.

Mittal also urged the industry to contribute suggestions on how Indian domestic companies can circumvent tough measures implemented by foreign counterparts and open their market for government supply contracts to India.
He mentioned to take up the issue to the World Trade Organization (WTO) as the government procurement agreement (GPA) should be regulated by the WTO.

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