NEW DELHI : State-owned ONGC on Sunday said it will procure equipment and services worth over ₹30,000 crore to support its oil and gas exploration and production operations, which will provide local entities business and support 'Aatmanirbhar Bharat' initiative. "Oil and Natural Gas Corporation Limited (ONGC) is going all out in its efforts to realise the dream of Aatmanirbhar Bharat. At the heart of its endeavours are enhanced transparency and streamlined contracting practices, which will enable the promotion of a business friendly environment for ONGC's business partners," the company said in a statement. To promote its renewed push to ease contracted business practices, ONGC organised a special online business partners' meet, titled 'Building Bridges in ONGC's Supply Chain: Aatmanirbhar Bharat: Prosperous India'. O P Singh, Director (Technology & Field Services) and Director In-charge of Materials Management, spoke on promoting localisation initiatives under the 'Aatmanirbhar Bharat'.

Source: Mint July 04, 2021 13:07 UTC