August 11, 2020 18:43 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
I was in love with Sushant, being victimised by his family: Rhea Chakraborty tells SC | Russia registers world's 'first' COVID-19 vaccine: Report | India will win if 10 states defeat Coronavirus: PM Modi to CMs | Apple CEO Tim Cook enters billionaires club as company value nears $2 trillion | Daughters can inherit paternal property even if coparcener died before Hindu Succession (Amendment) Act: SC
India-South Korea minesweeper project sinks, a blow to Make in India plans

India-South Korea minesweeper project sinks, a blow to Make in India plans

India Blooms News Service | @indiablooms | 08 Jan 2018, 02:31 pm

New Delhi, Jan 8 (IBNS): India's Rs 32,000 minesweeper project has been called of, media reported on Monday, following differences with collaborating country South Korea over several issues.

The differences arose over cost, technology transfer among other issues, media reported.

Many experts see this as a blow to Prime Minister Narendra Modi's 'Make in India' concept, according to media reports.

If the deal had gone through, India would have started building these specialised warships in Goa Shipyard Limited facility, reports said.

India has only four mine counter-measure vessels (MCMVs) where as it needs 24 of  of them, according to reports..

Image: Goa Shipyard Limited/website