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Friday, July 30, 2010

Defence ministry clears Navy's 30k cr destroyer project

Slowly but surely, India is building a powerful three-dimensional blue-water Navy to protect its geo-strategic interests stretching from Hormuz Strait to Malacca Strait.

After the recent nod to the over Rs 50,000-crore project for a second line of six submarines, the defence ministry has cleared another major programme to indigenously construct four guided-missile stealth destroyers.

MoD sources say `Project-15B' for the four destroyers, valued around Rs 30,000 crore, has now been sent for final approval to the finance ministry before it's taken up by the Cabinet Committee on Security.

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