Minimum local content definition

Minimum local content. The minimum local content shall ordinarily be 50% till the Nodal Ministry prescribes a higher or lower percentage.
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Minimum local content. The minimum local content shall as per Government of India Order No. P- 45021/2/2017-B.E.-II dated 16th September 2020 (as amended from time to time) and ▇.▇▇. Z.28018/67/2017-EPW dated 12/06/2018, till the Nodal Ministry prescribes a higher or lower percentage.
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Minimum local content. The 'local content' requirement to categorize a supplier as 'Class I local supplier is minimum 50%. For 'Class-II local supplier', the 'local content' requirement is minimum 20%. Nodal Ministry/ Department may prescribe only a higher percentage of minimum local content requirement to categorize a supplier as 'Class-I local supplier'/ 'Class-II local supplier'. For the items, for which Nodal Ministry/ Department has not prescribed higher minimum local content notification under the Order, it shall be 50% and 20% for 'Class-I local supplier/Class- II local supplier respectively.
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Examples of Minimum local content in a sentence

  • Minimum local content: The minimum local content shall ordinarily be 50%.

  • Minimum local content for ‘Class-I local supplier’ shall be 60% for the subject tender.

  • Minimum local content for class-I local supplier shall be 60% for the subject tender.

  • Minimum local content for „Class-1 local supplier‟ shall be 60%for the subject tender.

  • Packages Specified list of items circulated vide external circulars 221 & 222 and other such lists circulated from time to time in future (Items for which Relaxation in Minimum local content requirement has been granted by MoP) Methodology of purchase preference as specified in para 4.2.2.3 above will be applicable.

  • Minimum local content for ‘Class-Il Class-I local supplier’ shall be 60% for the subject tender.

Related to Minimum local content

  • Local content means that portion of the bidding price which is not included in the imported content provided that local manufacture does take place.

  • Custom Local Area Signaling Service Features (CLASS) means certain call-management service features that are currently available from SBC-13STATE’s local networks. These could include: Automatic Call Back; Automatic Recall; Call Trace; Caller Identification and related blocking features; Calling Number Delivery; Customer Originated Trace; Distinctive Ringing/Call Waiting; Selective Call Forward; and Selective Call Rejection.

  • maximum content of non-originating materials means the maximum content of non-originating materials which is permitted in order to consider a manufacture to be working or processing sufficient to confer originating status on the product. It may be expressed as a percentage of the ex-works price of the product or as a percentage of the net weight of these materials used falling under a specified group of chapters, chapter, heading or subheading;

  • Local Calling Area is a geographically defined area as established by the effective tariffs of CenturyLink as approved by the Commission.

  • Unique item identifier type means a designator to indicate which method of uniquely identifying a part has been used. The current list of accepted unique item identifier types is maintained at http://www.acq.osd.mil/dpap/pdi/uid/uii_types.html.