The Indian industry has been requesting similar payment terms as are applicable to foreign vendors (paid through Letter of Credit) and DPSUs
(liberal stage payment terms akin to government infrastructure projects thus maintaining a positive project cash flow).
No inverter is needed with the DPSU
In 1995, when Cadbury Schweppes acquired DPSU
, things began to change rapidly for the company and its employees.
The JV guidelines will provide a streamlined, fair and transparent framework for entering into JVs by DPSUs
, with the ultimate objective of better risk-management/ greater efficiency/shorter time frames for delivery to meet the increasing demands of our armed forces, and for enhancing self-reliance in the defence sector as a whole.
Feasibility of off-loading of work from other DPSU
shipyards to HSL is being examined.
On June 5, 1995, shareholders of DPSU
approved and adopted a merger agreement with the effect that the holders of the remaining 1.
The Tender Offer for DPSU
will expire at midnight New York City time on Wednesday, March 1, 1995 unless it is extended.
The guidelines mandate that each DPSU
and OFB to have a short-term and long-term outsourcing and vendor development plan to gradually increase the outsourcing from private sector including SMEs.
The CBI needs to get to the bottom of this case, and the government, for its part, needs to take a hard look to ensure that BEML's case is an aberration, rather than a rule among the DPSUs
The 'holy grail' of indigenisation can be attained only if the vast resources of the DRDO and DPSUs
are disaggregated and re-cast along the lines of successful models that exist in countries like the UK, Israel or Singapore.
Over the years the DPSUs
have perfected the art of skimming the cream from defence contracts.
Presently, all major warships and submarines under construction are being built at the Indian Shipyards, these include both DPSUs
as well as Private Shipyards.