Common use of Minimum local content Clause in Contracts

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. 1. 12.8.1 The minimum local content in the offer is to be not less than 2050% for the present tender. 2. 12.8.2 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.