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Monday, June 22, 2009

Indian navy seals 45,000-cr deal: seven warships

India has cleared its largest ever indigenous defence contract worth Rs 45,000 crore to manufacture seven advanced stealth frigates for the Navy at shipyards in Kolkata and Mumbai.

The P17A warship project, which will be India’s most advanced and stealthy frigates, has been cleared by the Defence Acquisition Council (DAC) on Friday.

Sources said that brushing aside a request by the Navy that two of the indigenously designed frigates may be manufactured abroad, the DAC has decided that all seven warships will be manufactured in India by the Mazagon Dock Limited, Mumbai (MDL) and the Garden Reach Shipbuilders and Engineers (GRSE), Kolkata.

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