21 Defence Offset Contracts Saw Default In Last 5 Years: Govt ...Middle East

New Delhi:  The total number of offset contracts in which vendors have defaulted and non-performed offset obligations, during the last five years, stands at 21 with a non-performed amount of $2.24 billion till last year, the Parliament was informed on Monday. Action is taken against the defaulting and non-performing vendors by imposing penalty, after following […] The post 21 Defence Offset Contracts Saw Default In Last 5 Years: Govt appeared first on Ommcom News.

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