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Monday, 18 May 2015

Parliamentary committee castigates Indian Navy over flagship projects May 19, 2015 at 07:55AM

SOURCE: IHS Jane’s Defence Weekly Three major Indian Navy (IN) warship programmes have exceeded their original cost by INR289.63 billion (USD4.6 billion) and their delivery schedules by six to eight years, India’s parliamentary committee on defence has revealed. In a report tabled in parliament on 27 April, the committee said that the largest price escalation and […]

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