Thursday, 18 February 2016

Japanese planes to be acquired for navy under ‘buy global’ clause

SOURCE: FINANCIAL EXPRESS Twelve Japanese long-range US-2i aircraft will be procured for the Indian Navy for around $1.65 billion under the ‘buy global’ clause of the Defence Procurement Procedure, government sources said. Though the Narendra Modi-led government has been pushing for ‘Make In India’, the deal, which is going to be government-to-government, was changed from ‘buy […]

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