The Economic Times reported on October 3 that the Indian government is promoting reforms in defense procurement. Foreign companies' wholly-owned subsidiaries in India are expected to be recognized as "Indian suppliers," and their produced weapon systems will be regarded as "Made in India." It is reported that the Indian government held a special working group meeting in August to discuss the promotion of defense procurement reforms, aiming to reduce procurement bottlenecks and further simplify defense offset clauses, ultimately encouraging foreign manufacturers to participate and promote the development of India's domestic defense industry. Previously, the domestic defense ecosystem procurement policy prioritized local suppliers. Analysts said that the new policy is expected to grant foreign suppliers' wholly-owned subsidiaries in India the status of "Indian suppliers," placing them on an equal footing with local suppliers in procurement, which would encourage more foreign suppliers to do business in India. In addition, the working group also proposed several measures to promote private sector participation in indigenous innovation, including changing the nomination system to a phased open bidding process, standardizing the format and schedule of requests for quotations (RFQ).
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