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Govt procurement market opened to UK businesses
The New Indian Express Vellore
|May 08, 2025
The India-UK trade agreement opens up the Indian government procurement market to businesses in the European country.
Under the agreement, UK firms can now bid for tenders, and those with just 20% UK content will be treated as 'Class 2 Local Suppliers' under India's Make in India policy. This could increase competition for Indian suppliers without them getting a similar access in the UK.
This story is from the May 08, 2025 edition of The New Indian Express Vellore.
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