Tag: DPP

AgustaWestland invokes arbitration in #ChopperScam

Click to enlarge: AgustaWestland AW101 | Image credit: Shruti Pushkarna/StratPost

In a statement issue today, the company said it was left ‘with no other option but to invoke arbitration through Counsel’. It said this came after it made several requests to the defense ministry for invoking bilateral discussions as provided in the contract.

What Ashton Carter wants from India

Carter is looking at the Indian defense ministry to make it easier for US companies to do business with it and wants resolution of issues related to offsets, limitation of liability and delays in decision-making.

Changes announced in Defense Procurement Procedure

These changes are skewed to favor and encourage defense industry in India, some of which appear to have been influenced by reactions to corruption scandals. Do have a look at the list of changes, copied and pasted, verbatim, from the defense ministry press release.