Push to 'Make in India'! Navy to screen private and public vendors for Rs 20K-crore deal
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The The Navy has sent a proposal to the
Moreover, the valuation of the contract makes it the largest 'Make in India' chopper deal till date, exceeding the Army light utility chopper deal that was given to Russia's Kamov in May and will cost over Rs 5,000 crore.
According to sources, the Navy has also proposed to purchase torpedoes and depth charges for choppers and that weapon trials would be held in India and abroad.
As it was reported, 11 Indian companies, including
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Mahindra and
While 11 Indian entities have expressed interest, there are only a handful of foreign companies with a helicopter that meets Indian requirements. These include Airbus, Bell and banned Italian entity
To make the selection more competitive, the Navy has decided that more than one Indian company can offer the same helicopter. This would mean that a foreign company could tie up with two more Indian entities. As the cutting factor is pricing, an intense competition is expected in the private sector to tie up JVs and MoUs.
(Image: Indiatimes)
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