What's new

Airbus Set to Sign Indian MRTT Tanker Contract

IF, the first 7 month were basically wasted and now pretty much will depend on the coming budget, with recent statements of DM Parrikar about not to expect many incrases in the defence budget, not sounding too good.
I'm not overly pessimistic, the indian economy is on a healthy growth path again and if the defence budget is properly managed there is enough money to go around.

The DM just needs to putting pen to paper on the aforementioned deals. The DAC meeting more regularly (something he has boosted about) is irrelevant if the CCS doesn't subsequently sign them. I do think 2015-15 will see the majority of this backlog cleared though, this is what I hear.
 
Foreign purchase will be kept at MINIMUM.

100% Indigenous manufacturing will be given boost. ............. now see if you can figure out what that would mean.
 
I'm not overly pessimistic, the indian economy is on a healthy growth path again and if the defence budget is properly managed there is enough money to go around.

The DM just needs to putting pen to paper on the aforementioned deals. The DAC meeting more regularly (something he has boosted about) is irrelevant if the CCS doesn't subsequently sign them. I do think 2015-15 will see the majority of this backlog cleared though, this is what I hear.

There is still a massive shortage of money as the govt has identified many areas to spend money but sadly has very limited resources,that's why we Modi is making all these foreign trips.The good news is the situation will improve a lot in next 3-4 years
 

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)


Back
Top Bottom