Rs 25,000 crore tenders cancelled or modified to promote Make in India products

  1. Department for Promotion of Industry and Internal Trade(DPIIT) has cancelled or modified government tenders worth over Rs 25,000 crore.
  2. This decision was taken to change the conditions of the tenders in order to promote ‘Make in India’ goods.
  3. Further,the tenders were cancelled as they had certain restrictive conditions which were discriminatory against domestic manufacturers and favoured foreign players.
  4. Under the Public Procurement (Preference to Make in India) Order,it was envisaged that all central government departments controlled by the Government of India should ensure give preference to domestic suppliers in government procurement.
  5. Make in India initiative was launched in 2014.The primary goal of Make in India is to make India a global manufacturing hub by encouraging both multinational as well as domestic companies to manufacture their products within the country. 
  6. The initiative is led by the Department of Industrial Policy and Promotion. It aims to raise the contribution of the manufacturing sector to 25% of the Gross Domestic Product (GDP) by the year 2025 and also aims to create 100 million additional jobs by 2022 in the manufacturing sector alone.