Minimum local content Sample Clauses
The "Minimum local content" clause requires that a certain percentage of goods, services, labor, or materials used in a project or contract must originate from the local country or region. In practice, this means suppliers or contractors must source a specified portion of their inputs locally, such as hiring local workers or purchasing materials from domestic producers. This clause is primarily used to promote local economic development, support domestic industries, and ensure that the benefits of a project are shared with the local community.
Minimum local content. The ‘local content’ requirement to categorize a supplier as ‘Class-1 local supplier’ is minimum 50%. For ‘Class-II local supplier’, the local content requirement is minimum 20%.
Minimum local content. The minimum local content shall as per Government of India’s Order No. P-45021/2/2017-PP (BE-II) dated 16-Sep-2020 (as amended from time to time) and F. No.: Z. 28018/67/2017-EPW dated 24-Jun-2020 (revised), till the Nodal Ministry prescribes a higher or lower percentage.
Minimum local content. 1. The minimum local content in the offer is to be not less than 20% for the present tender.
2. The local content can be increased by vendors through partnerships, cooperation with local companies, establishing production units in India or Joint Ventures (JV) with Indian suppliers, increasing the participation of local employees in services and training them.
Minimum local content. 12.5.1 The 'local content’ requirement to categorize a supplier as 'Class-I local supplier' is minimum 50%. For 'Class-II local supplier', the 'local content' requirement is minimum 20%. However, Nodal Ministry / Department may prescribe only a higher percentage of minimum local content requirement to categorize a supplier as 'Class-I local supplier' / 'Class-II local supplier'. For the items, for which Nodal Ministry / Department has not prescribed higher minimum local content notification under the Order, it shall be 50% and 20% for 'Class-I local supplier' and 'Class-ll local supplier' respectively.
12.5.2 The Nodal Ministry may keep in view the domestic manufacturing / supply base and assess the available capacity and the extent of local competition while identifying items and prescribing the higher minimum local content or the manner of its calculation, with a view to avoiding cost increase from the operation of this Order. The Nodal Ministry may annually review the local content requirements with a view to increasing it, subject to availability of sufficient local competition with adequate quality.
Minimum local content. 17.2.1. The ‘local content’ requirement to categorize a supplier as ‘Class-1 local supplier’ is minimum 50%. For ‘Class-II local supplier’, the local content requirement is minimum 20%.
17.2.2. The local content can be increased by vendors through partnerships, cooperation with local companies, establishing production units in India or Joint Ventures (JV) with Indian suppliers, increasing the participation of local employees in services and training them.
17.2.3. DPIIT vide OM No. P-45021/102/2019-BE-II-PaRT(1)(E-50310) dated 04 Mar 2021 has clarified that Bidders offering imported products will fall under the category on Non-local suppliers and they cannot claim themselves as Class-I local suppliers / Class-Il local suppliers by claiming the services such as transportation, insurance, installation, commissioning, training and after sales service support like AMC / CMC, etc. as local value addition. Hence, bidders offering imported products will be treated as Non-local suppliers.
Minimum local content. The minimum local content shall be maintained as per Government of India Order No. P-45021/2/2017-B.E.-II dated 16th September 2020 (as amended from time to time) and ▇.▇▇. Z.28018/67/2017-EPW dated 12/06/2018, as amended from time to time.