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Tuesday, September 04, 2012

Military to buy DRDO missiles worth Rs 1 lakh cr in 10 yrs

Akash SAM |At the tightly guarded “Missile Complex” outside Hyderabad, three Defence Research & Develo-pment Organisation (DRDO) laboratories will, for the first time, provide the military with a range of indigenous tactical missiles.

With India’s air defence network in tatters and its warships desperately needing protection from incoming anti-ship missiles, the defence ministry blocked foreign purchases to give the DRDO time to develop indigenous missiles.

Now, over the coming decade, the military is poised to buy about Rs 1 lakh crore worth of DRDO-developed missiles.

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