Thursday, March 3, 2011

UN to reinstate 19 Indian vendors including Satyam Computer from blacklist


NEW DELHI: The UN is ready to reinstate the 19 Indian firms suspended from bidding for its multi-billion dollar contracts since 2008, including Satyam Computer and the Tata group, as some of them suit the requirements best, a top official has said.

"I don't think any Indian company has applied for reinstatement. But we would welcome applications for reinstatement from them as it adds to the competition," said Warren Sach, UN assistant secretary general in the Office of Central Support Services.

"One thing I will point out is India being a developing country, many of its products are the appropriate technology, well-tuned to the needs, since most of our deliveries are in any case going to developing countries," Sach told IANS in an interview.