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Make in India policy goes wrong: Find out how pipe manufacturers are limiting competition in E&P
Aug 01: One of the biggest beneficiaries of the Make in India policy, which in this case is essentially an overtly discriminatory policy that keeps foreign competitors out, is the domestic oil & gas line pipe and casing industry.
8The business is in the case of a handful of participants and they have been able to keep competition at bay.
8The consequence is that prices have gone up for E&P majors such as ONGC and OIL
8Know more about this particular instance where in a tender for high quality EUE tubings and pup joints, the competition is low and the prices are high
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