Tuesday, April 6, 2010

India's Scorpene submarine programme delayed

India's controversial Scorpene submarine programme was first hit by technical delays, then it faced allegations of kickbacks, and later a CBI probe. Now, it's confirmed that the Rs 18,000 crore defence deal signed in 2005 will not be available to the Indian Navy before 2014. "We have had delays due to various reasons. I expect the first submarine to be delivered in four years time. That is 2014 - 2015. That's a delay of 2 - 2/12 years. There were certain issues to be addressed with the government and the owner. These issues have now been sorted out and we are placing orders for various equipments," said Retired Vice Admiral H S Malhi, Chairman and MD, Mazgaon Docks Limited. ..................Link

0 comments:

Related Posts Plugin for WordPress, Blogger...

Share

Twitter Delicious Facebook Digg Stumbleupon Favorites More