With falling allocation, Navy looks at fleet optimisation

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Facing increasing budgetary constraints and with several big-ticket acquisitions lined up, the Navy is looking at adopting unmanned platforms, both aerial and underwater, in a big way, Navy sources said.

However, it is firm on a third aircraft carrier and the next line of six advanced submarines under Project-75I.

This year, the Navy’s share in the capital allocation of the defence budget is ₹26,688 crore, while officials said the committed liabilities alone stood at ₹45,000 crore. “We are working on ways to manage it,” one official said.

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