The government has informed that the ban on six firms dealing with the Ministry of Defence will remain for 10 years and it will also extend to their sister firms.
In a written reply in the Rajya Sabha on Tuesday, MoS for Defence Subhash Bhamre said: “Six firms including their allied and subsidiary firms are debarred from further business dealings with the Ministry of Defence for a period of 10 years w.e.f. 11.4.2012. Further, business dealings are suspended /put on hold in respect of 13 firms,"
"In respect of another four firms, orders were issued restricting procurement from the concerned firms in cases where procurements are justified and necessary on the basis of operational urgency, national security and non-availability of other alternatives," he added.
In 2012, the Ministry had debarred six firms -- Singapore Technologies Kinetics Ltd, Israel Military Industries Ltd, Rheinmetall Air Defence, Corporation Defence, Russia, TS Kisan & Co Pvt Ltd, and RK Machine Tools Ltd -- from further business dealings with the Ordnance Factory Board, Department of Defence Production and the Ministry for a period of 10 years.
Latest India News
