Defence Ministry issues new list of firms with whom dealings have been suspended or put on hold
Military purchases worth ₹7,965 crores cleared in Make-in-India push
11/08/2021Why S-400 Triumf Missile System is so Important for India?
11/17/2021The Ministry of Defence on Sunday issued a new list of firms with whom dealings have been suspended or put on hold or restricted procurements.
The fresh list has excluded AgustaWestland and its parent firm Leonardo. The Defence Ministry had lifted the ban on them with conditions earlier this month.
As many as six companies—Singapore Technologies Kinetics Ltd (STK), Israel Military Industries Ltd (IMI), TS Kisan & Co Pvt Ltd, New Delhi, RK Machine Tools Ltd, Ludhiana, Rheinmetall Air Defence (RAD), Zurich, and Corporation Defence, Russia—were debarred, according to the ministry’s list.
In addition, the Defence Ministry has also debarred a total of six firms including Israel Military Industries, Corporation Defence, Russia and others, the statement said.
Meanwhile, doing business with 13 firms has been put on hold or suspended. These include IDS, Tunisia, Infotech Design System (IDS), Mauritius, IDS Infotech Ltd, Mohali, Aeromatrix Info Solution Pvt Ltd, Chandigarh, Shanx Oceaneering Inter Spiro India Pvt Ltd, Inter Spiro India Pvt Ltd, Experts Systems, Unitech Enterprises, Kelvin Engineering, Atlas group of companies including Atlas Telecom and Atlas Defence Services, Offset India Solutions (P) Ltd and its Group companies/functionaries, Pilatus Aircraft Ltd, Switzerland and Vectra Advanced Engineering Pvt Ltd (VAEPL).
Procurement has been restricted from two companies namely Rolls Royce and its allied and subsidiaries companies and Tatra Trucks of the Czech Republic, the ministry’s statement showed.
The ministry’s notification comes as the opposition Congress party on Monday raised questions about the reported lifting of the ban on procurement from Finmeccanica, according to a report by news agency PTI.
Sources:
Hindustan Times: Govt removes defence procurement ban on AgustaWestland, parent company Leonardo
Economic Times: Defence Ministry issues new list of firms with whom dealings have been suspended or put on hold
