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of <h1>India's 2017 Procurement Order: Boosts Local Suppliers, Sets 50% Content Minimum, Exempts Contracts Under Rs. 5 Lakhs.</h1> The Public Procurement (Preference to Make in India) Order 2017 aims to promote local manufacturing and production by giving preference to local suppliers in government procurements. It defines key terms like local content and supplier, sets a minimum local content of 50%, and outlines procedures for awarding contracts. For procurements under Rs. 5 lakhs, the Order does not apply, while for those over Rs. 50 lakhs, specific rules are set for local supplier preference. The Order mandates self-certification of local content, allows exemptions, and establishes a Standing Committee to oversee its implementation. Existing policies approved post-January 2015 take precedence over this Order.
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