Business Standard

An L&T-Russian partnership

The selection of a Russian partner would conform to India's 30-year submarine plan

Illustration by Ajay Mohanty
Premium

Ajai Shukla New Delhi
Embattled by the controversy over the procurement of 36 Rafale fighters from France, the defence ministry is initiating a slew of defence acquisitions, worth almost Rs 4 trillion. These would take years to fructify but would allow the Bharatiya Janata Party to claim while campaigning for elections that it was safeguarding India’s defence. These include the procurement of 110 fighter aircraft worth about Rs 1.25 trillion, 57 naval fighters worth Rs 750 billion, S-400 air defence systems worth Rs 400 billion, artillery guns worth Rs 150 billion, rifles worth Rs 100 billion, warships worth Rs 350 billion and two naval
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in