| Publication |
2012.
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| Summary/Abstract |
No nation can achieve great power status on bought out weapon systems and second hand technology. The provisions of offsets were first introduce by MoD in the Defence Procurement Procedure (DPP) 2005, for capital acquisition schemes exceeding Rs 300 Crores in order to garner foreign direct investment (FDI), Joint venture (JV), skill up gradations, manufacture repair and overhaul (MRO) etc., which in turn would bolster the military industrial capabilities.
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