Friday, February 07, 2014

Antony inaugurates DefExpo; expresses concern over Indian Navy accidents

New Delhi: India's capabilities in land, naval and security systems are being showcased at the Defexpo 14 which began here Thursday with Defence Minister A.K. Antony laying stress on indigenisation and expressing concern over the accidents suffered by some Indian Navy vessels in the past few months.
Antony, who inaugurated the biennial show at the Pragati Maidan here, later interacted with the media and made it clear that the contract for the purchase of the medium multi-role combat aircraft (MMRCA) will be concluded by the new government which will assume office after Lok Sabha elections expected April-May.
He said that the Central Bureau of Investigation probe into the alleged kickbacks in the deal to acquire 12 VVIP helicopters from AgustaWestland was in "advanced stage" and noted that action on complaints of corruption had helped streamline the defence procurement process.
06/02/14 IANS/Business Standard
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