India May Let US, Foreign Firms Bid for Government Contracts, Sources Say

India may let U.S., foreign firms bid for government contracts: sources

The government is likely to allow U.S. firms to bid for contracts worth over $50 billion, mainly from federal entities, as it negotiates a trade deal with Washington

India may let US, foreign firms bid for government contracts, sources say

USA-TRUMP/TARIFFS-INDIA (EXCLUSIVE, PIX):EXCLUSIVE-India may let US, foreign firms bid for government contracts, sources say

India Opens Procurement Market to U.S. Firms

India is preparing to grant U.S. companies access to a large part of India’s public procurement market which is worth approximately $700-$750 billion. This decision appears to be a strategic policy shift to increase economic relations with Washington. Two senior officials from the Indian government suggested the decision was made recently after India established a...

India may soon allow US, foreign companies to bid for govt contracts

India is opening up a chunk of its protected government procurement market to foreign firms, including the US, two government sources said, in a shift that could extend to other trading partners after it was offered to the UK under a trade deal this month. Total public procurement - including by federal, state and local governments and state-run firms - is worth an estimated $700 billion-$750 billion per year, according to government estimates. …