Tough Negotiations Result In Big Savings From Scorpene Submarine Deal With France
In a significant development, the Indian Ministry of Defence successfully negotiated a substantial discount for the procurement of three additional Scorpene-class submarines.Initially priced at 75,000 crore by France and Mazagon Dock Shipbuilders Limited (MDL), the final cost has been reduced to approximately 36,000 crore, resulting in savings of nearly 40,000 crore.This achievement is part of
In a significant development, the Indian Ministry of Defence successfully negotiated a substantial discount for the procurement of three additional Scorpene-class submarines.Initially priced at 75,000 crore by France and Mazagon Dock Shipbuilders Limited (MDL), the final cost has been reduced to approximately 36,000 crore, resulting in savings of nearly 40,000 crore.This achievement is part of
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