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Wednesday, May 10, 2006

India to buy 3 more stealth frigates soon

INS Trishul

In a major defence deal, the Navy is all set to order three more Talwar-class "stealth" frigates from Russia. To be inducted within five years, these multi-role guided-missile warships will cost well over Rs 1,000-crore each.

That's not all. Faced with rapidly depleting force-levels, the Navy now has as many as 33 warships "under production or order", mainly in public sector shipyards, to retain its war-waging capabilities. Moreover, the Navy has also got government approval "in principle" for 30 more warships after these 33.

"The technical and commercial negotiations for the three new frigates from Russia have now been wrapped up. The contract will be signed formally as soon as the Cabinet Committee on Security (CCS) approves it," said sources.

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