India Signs Rs.53,866 Crore Contracts for Eight Navy Corvettes
India signed defence contracts worth Rs.53,866 crore to build eight next-generation corvettes for the Indian Navy.
New Delhi, Nov. 2 -- India has signed defence contracts worth Rs.53,866 crore to build eight next-generation corvettes for the Indian Navy, in a major push to strengthen its maritime security and indigenous warship-building capabilities.The contracts have been awarded to two defence public sector s…