Earlier this month, a bipartisan group of US lawmakers sent a letter to the Indian government, expressing alarm at “unprecedented interference” in the procurement processes of government and commercial entities in India. The letter stated, in part, that “This policy will undermine investor confidence and would be inconsistent with India’s international obligations, as well as, be a marked departure from opening the Indian ICT sector to the participation of foreign companies.”
In fact, restrictions on procurement by government agencies and state-owned or state-influenced enterprises are part of broader set of IT-focused market barriers — detailed in BSA’s new policy report, “Lockout” — which are keeping global (more…)