From The Pioneer
Center-Right Owned by The PioneerIndia Inks Rs 53,866 crore deal for NGC
What's behind this
India’s defence ministry on Monday signed contracts worth Rs 53,866 crore with two state‑run shipbuilders, Garden Reach Shipbuilders & Engineers and Goa Shipyard, to procure eight next‑generation corvettes for the Indian Navy. The warships will be equipped with advanced weapons and sensors and are intended to strengthen maritime security, coastal defence and anti‑submarine capabilities while boosting indigenous shipbuilding and giving a major boost to the Indian defence industry.
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Giving a major boost to the Indian defence industry, the defence ministry on Monday inked a contract worth Rs 53, 866 crore with two state-run shipbuilders to procure Next Generation Corvettes (NGC) for the Indian Navy. The contracts were signed with Garden Reach Shipbuilders & Engineers Limited…
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Giving a major boost to the Indian defence industry, the defence ministry on Monday inked a contract worth Rs 53, 866 crore with two state-run shipbuilders to procure Next Generation Corvettes (NGC) for the Indian Navy. The contracts were signed with Garden Reach Shipbuilders & Engineers Limited…
