Navy may lease military platforms

New Delhi, November 18

The Indian Navy is looking to leasing certain military platforms under the newly minted policy allowing lease of military hardware.

The Vice-Chief of the Indian Navy, Vice Admiral G Ashok Kumar, while speaking at the symposium on “Leveraging leasing for force level maintenance & modernisation”, organised by the FICCI, said leasing could mitigate short-term capability gaps.

The Navy looks to lease operational support and auxiliary vessels and those could be mine-sweepers, utility helicopters and unmanned platforms (UAV). — TNS

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