A number of foreign companies, including European defence major MBDA and Swedish firm SAAB, are set to submit their proposals to the Indian Navy, which is looking to buy short-range surface-to-air missile (SRSAM) systems to replace its Israeli Barak-1 air defence systems on the Kamorta class corvettes.
Though it was initially meant to be a Make in India project, the Request for Proposal (RFP) has been issued under the Buy (Global) category. The ‘Buy (Global)’ category refers to the outright purchase of equipment from foreign or Indian vendors. In case of procurement through foreign vendors, the government-to-government route may be adopted for equipment meeting strategic or long-term requirements.Read More…
