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Friday, September 30, 2011
$60b Indian Naval power expansion
India is continuing its quest to become a world naval power and continues to invest billions of dollars in developing its military powers particularly the air force and navy.
According to a report published on Thursday the modernization of India’s navy will cost as much as US$ 60 billion during next few years.
The report added that the sum will be spent for procurement of surface ships, submarines, deck-based fighters, and coast-based patrol aircraft.
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