Sunday, July 15, 2018

India-make equipment costlier, MoD asks why

New Delhi: Startled at how indigenously produced military equipment was costing more than the same equipment if supplied by foreign makers, the Ministry of Defence has set up a committee to examine how the Indian public sector companies arrive at the cost of each equipment supplied to the armed forces.
Defence Minister Nirmala Sithraman said: “I have asked a panel to look into the costing of products manufactured by the Defence Public Sector Undertakings (DPSUs).”
The Indian Air Force offered to get the price of the Light Combat Aircraft (LCA), the Tejas examined by the committee to start with. The committee, headed by the Director of Costs in the Ministry, has been asked to report back by August-end.
15/07/18 Tribune

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