Tuesday 24 April 2018

Delay in building ships, cost escalation hit Navy’s upgradation plans

SOURCE: THE HINDU Severe cost overruns and delays have besieged defence public sector shipyards, resulting in a cascading effect on the operational preparedness and technological upgradation of the navy. The manufacture of warships continue to be delayed costing the exchequer several crores. Defence public sector undertaking (DPSU) shipyards like Mazagon Dock in Mumbai (MDL) and […]

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