Defense Minister Manohar Parrikar told the Rajya Sabha last week that ‘there have been occasions when naval vessel construction projects of Indian Navy have had time and/or cost escalations.’
Tag: Shivalik-class
What Ashton Carter wants from India
by
•Indian warships’ costs escalate over 225%
by
•The production of warships for the Indian Navy has faced considerable delays and a cost escalation of around 225 per cent in the case of the Kolkata-class destroyers and 260 per cent in the case of Shivalik-class frigates.