SOURCE: Ajai Shukla | Business-standard.com New Delhi and Moscow have finalised contractual terms for four new stealth frigates that Russia will supply the Indian Navy for slightly over Rs 200 billion ($3 billion), or about Rs 50 billion ($775 million) per vessel.Designated the “Upgraded Krivak III class”, the first two frigates will be built in Yantar Shipyard, in Kaliningrad, Russia. The […]
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