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India goes ahead for massive arms shopping - 09/15/2013
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The Indian defence ministry on Friday cleared several arms acquisition projects worth almost Rs 15,000 crore for the armed forces, which included six more American C-130J "Super Hercules" aircraft, 236 Russian T-90S main-battle tanks and 4,400 new light-machine guns (LMGs). The projects were cleared in a meeting of the Defence Acquisitions Council (DAC) -- chaired by defence minister A K Antony and included the three Service chiefs and the defence secretary , just four days before US deputy secretary of defence Ashton B Carter arrives here next week. The C-130J deal is among the four major Indian deals worth around $5 billion that the US is all set to clinch within this financial year. Read more



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