SAAB official says they are concerned about the Indian side having full control in the strategic partnership model. South Korean company joins race P75I now.
Indian Navy is looking to buy short-range surface-to-air missile systems to replace its Israeli Barak-1 air defence systems on Kamorta class corvettes.
The Indian Naval Air Squadron 313 has been tasked to patrol the Indian Ocean Region and strengthen the Navy's presence in the Bay of Bengal and the southern region.
A noticeable effect of smoking is premature aging. Studies indicate that the skin biopsy of a 40-year-old heavy smoker can resemble that of a 70-year-old non-smoker.
Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.
The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.
How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?
I see the same fate for MMRCA 2.0, where companies will eventually pull out due to confused and greedy policies. Heck, the forces are the one who suffers.
The MoD/ Indian Navy couldn’t have found a better partner to build submarines under P75I.
The South Korean Board of Audit and Inspection found 1.5 trillion won (approximately US$1.27 billion) of accounting fraud in Daewoo Shipbuilding and Marine Engineering’s books on June 15, 2016. It was given a 2.9 trillion won (US$2.6 billion) government loan in March 2017 to prevent bankruptcy.
In 2017, it was uncovered that North Korea may have hacked the company and stole company’s blueprints in April 2016. If North Korea has it, its as good as China having it. Why don’t we just place the order with China for the 6 conventional submarines??
By 1999, Daewoo — the parent of Daewoo Shipbuilding and Marine Engineering went bankrupt, with debts of about US$ 80 billion. Soon after, South Korean prosecutors filed chargers against over 40 top executives, in what BBC described as the Daewoo corruption scandal.
The Company’s auditors had concealed bribe payments of about 470 million won (close to US$400 million). Loss from bribery and corruption has been estimated to over US$1 billion.
Daewoo Chairman Kim Woo-Jung fled to Vietnam. In December 2007, Kim was granted amnesty by President Roh Moo-hyun.
In Daewoo, the MoD/Indian Navy have made an EXCELLENT CHOICE. The bribes could flow in even without asking. Bribery is in the Daewoo DNA.
SAAB may be the only firm which has a functional AIP system, that is being supplied to other submarines also. But here the main focus is in ensuring that either Adani or Ambani gets the contract. All other consideration are secondary.
SAAB flagging their concerns to MoD won’t help one bit. The terms are specifically drawn up, so that the ₹45,000 crore for building 6 submarines falls into the lap of crony capitalists.
India’s orange turban army also known is the pumpkin head force is one of the most feared forces….specially during Halloween season.
I see the same fate for MMRCA 2.0, where companies will eventually pull out due to confused and greedy policies. Heck, the forces are the one who suffers.
The MoD/ Indian Navy couldn’t have found a better partner to build submarines under P75I.
The South Korean Board of Audit and Inspection found 1.5 trillion won (approximately US$1.27 billion) of accounting fraud in Daewoo Shipbuilding and Marine Engineering’s books on June 15, 2016. It was given a 2.9 trillion won (US$2.6 billion) government loan in March 2017 to prevent bankruptcy.
In 2017, it was uncovered that North Korea may have hacked the company and stole company’s blueprints in April 2016. If North Korea has it, its as good as China having it. Why don’t we just place the order with China for the 6 conventional submarines??
By 1999, Daewoo — the parent of Daewoo Shipbuilding and Marine Engineering went bankrupt, with debts of about US$ 80 billion. Soon after, South Korean prosecutors filed chargers against over 40 top executives, in what BBC described as the Daewoo corruption scandal.
The Company’s auditors had concealed bribe payments of about 470 million won (close to US$400 million). Loss from bribery and corruption has been estimated to over US$1 billion.
Daewoo Chairman Kim Woo-Jung fled to Vietnam. In December 2007, Kim was granted amnesty by President Roh Moo-hyun.
In Daewoo, the MoD/Indian Navy have made an EXCELLENT CHOICE. The bribes could flow in even without asking. Bribery is in the Daewoo DNA.
SAAB may be the only firm which has a functional AIP system, that is being supplied to other submarines also. But here the main focus is in ensuring that either Adani or Ambani gets the contract. All other consideration are secondary.
SAAB flagging their concerns to MoD won’t help one bit. The terms are specifically drawn up, so that the ₹45,000 crore for building 6 submarines falls into the lap of crony capitalists.