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Monday, August 04, 2014

Rs 30,000 crore India-France missile development plan in troubled waters

Akash SAMIndia-France proposed joint venture expected to be worth around Rs 30,000 crore to develop short range air defence missiles seems to have run into rough weather as Indian Air Force feels that its requirements could be met by indigenous Akash surface-to-air missile weapon system.

The proposed joint venture is planned between DRDO and the French missile manufacturer MBDA under which they were planning to produce short-range surface-to-air missile (SR-SAM) systems for the Indian Air Force for the Maitri programme.

The Akash air defence missile system has already been developed by the DRDO indigenously and its development trials were completed successfully by the agency in Odisha recently.

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