Monday, 4 September 2017

Modi Risks ‘Trust Deficit’ as India Rips Up Weapons Contracts

SOURCE: Bloomberg.com Prime Minister Narendra Modi’s ambitious $250 billion plan to modernize India’s military is being tripped up by the country’s own best practices. Rigid rules that forbid single bidders, cap prices and blacklist companies accused of graft — together with a lengthy trials process and insistence on local manufacturing — have pushed Modi’s administration […]

The post Modi Risks ‘Trust Deficit’ as India Rips Up Weapons Contracts appeared first on Indian Defence Research Wing.



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