Search This Blog

Tuesday, October 18, 2011

New warship plans stalled by Ministry's JV freeze

Project 15A (Kolkata)Planning has stalled for building new indigenous warships for the Indian Navy.

This after Defence Minister A K Antony, rattled by protests from private shipbuilders, scuttled a proposed joint venture (JV) on September 26 between public sector shipbuilder, Mazagon Dock Ltd, Mumbai (MDL) and the private Dahej-based Pipavav Shipyard; and announced a freeze on warship building JVs until a formal policy was formulated.

That effectively places all new warship projects on hold. Senior MoD (ministry of defence) officials point out that, with defence shipyard capacities already filled by ongoing warship projects, JVs were intended to create fresh capacities by coupling the public defence shipyards’ expertise and experience, with the large unutilised capacities of India’s new private sector warship builders.

But with these JVs now on hold, at least until a new policy is finalised, no Indian shipyard has both the capacity and expertise to build a new line of warships.

Read more
om

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.