The Defence Ministry has extended the delivery period for existing capital acquisition contracts with Indian vendors by four months due to supply chain disruptions arising out of COVID-19 preventive measures.
An order to this effect was issued today by the acquisition wing of the ministry, approved by Defence Minister Rajnath Singh. It states that the "Force Majeure shall be applicable for a period of four months - March 25 to July 24".
"The Ministry of Defence has extended the delivery period for all existing capital acquisition contracts with Indian vendors by four months," a spokesperson in the ministry said. In