Replies to post #77306 on Quantum Materials Corp. (fka QTMM)

[Kurt_Banoffee]

So you are saying that there are problems implementing the law and that proves I am wrong?

No. I'm saying you are wrong about the law itself. "Make in India" does not mean you have to make your QDs in India. There is no law or regulation to that effect for a private company in India. Even for public procurement, items like QDs don't fall under strict preference. Local companies get a ROFR but not a preference at a higher price.

Your statement is 100% false:

"Make in India" means you have to make your QD IN INDIA.

https://dipp.gov.in/public-procurements
https://dipp.gov.in/sites/default/files/PPP-MII%20Order%20dt%2029th%20May%2019_0.pdf