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Wednesday, February 18, 2015

Defense/ India
The Indian government will be launching a major naval expansion soon that will include the indigenous construction of seven stealth frigates and six nuclear powered attack submarines. Indian Prime Minister Narendra Modi’s cabinet approved plans to build the 13 new ships at about a cost of one trillion rupees or about $16 billion on Tuesday.
The expansion would triple the size of India’s nuclear submarine fleet and comes on the heels of Narendra Modi’s pitch to increase the proportion of indigenous defense production in India. In a recent speech, Modi said that he would like the percentage of domestic procurement in India to increase to 70 percent. 


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