India
India’s Ministry of Defence Signs Contract to Acquire 17 Warships Worth $2.6 Billion USD
The Ministry of Defense (MoD) of India has recently signed a contract to acquire 17 new warships worth Rs 19,600 crore ($2.6 billion USD) from Indian shipyards. This move is part of the government’s efforts to modernize and strengthen its naval fleet and to increase its naval power projection capabilities in the Indian Ocean region.
READ MORE