Brief Summary: Industry submissions on challenges being encountered by the Foreign OEMs under the ambit of DAP 2020. Amendments to DAP 2020 (released in September 2022) pose operational challenges in continuing seamless operations. A detailed note was presented on the below:
• Change in the definition for “Indian vendor”
• Challenges under Make II Procedure of DAP 2020
• Insistence for Indigenous Content
• Insistence for Intellectual Property Rights (IPR) for Make Programs
• Offset Banking abolished
• Chapter VII- Strategic Partnership Model: Challenges for U.S. and foreign OEMS
