Ministry : Ministry of Steel (Not Applicable)
Part II-Section 3-Sub-Section (i)
Subject : Extra Ordinary
Overview [G.S.R. 502(E) — Extraordinary Gazette, Part II]
This gazette announces a regulatory amendment to India’s Domestically Manufactured Iron & Steel Products Policy-2025, specifically inserting a new clause (3.3) that allows foreign technology transfer under limited conditions to support domestic public-sector enterprises.
Key Points
- Clause 3.3 permits foreign technology suppliers to be deemed Class-I suppliers if they commit to technology transfer, training, and handholding to an Indian CPSE within three years, even if domestic value addition is low.
- The amendment modifies Appendix-C of the iron & steel policy, placing the foreign supplier ahead of domestic vendors in purchase preference for the procuring entity.
- The change aims to address situations where no Indian technology is available and to strengthen the capability of public-sector enterprises through foreign expertise.
- Issued by the Ministry of Steel on 25 July 2025, with immediate effect for general information.
Summary
The gazette notifies an amendment to the Domestically Manufactured Iron & Steel Products Policy-2025 that introduces a conditional fast-track for foreign technology suppliers. By allowing deemed Class-I status when technology transfer and handholding commitments are met, the policy seeks to bolster CPSEs’ access to advanced metallurgical technology where domestic options are unavailable, potentially enhancing self-reliance while prioritizing domestic procurement.