Naval proposals make big progress with Sitharaman’s effort

Aiming to establish Indian Navy as a credible maritime security provider in the Indian Ocean Region (IOR), Nirmala Sitharaman-headed Defence Ministry has provided a major boost to Navy by signing capital acquisition contracts worth Rs 17,000 crore in the last six months. As per the sources in the Defence establishment, “In the last six months, we have signed capital acquisition contracts worth Rs 17,000 crore.Read More

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