Indian Navy deal : India, US to sign Rs 2,400 crore deal for missiles, torpedoes for Indian Navy
The Indian Navy is set to receive a major boost in its capabilities as India and the United States are all set to sign a deal worth Rs 2,400 crore for the procurement of advanced missiles and torpedoes for the Indian Navy. This deal will help the Indian Navy in enhancing its anti-submarine warfare capabilities and strengthening its defences in the Indian Ocean region.
Why this News is important:
Strengthening of Indian Navy:
The procurement of advanced missiles and torpedoes will enhance the capabilities of the Indian Navy, especially in the area of anti-submarine warfare. This will help in ensuring the safety and security of India’s maritime interests.
Strategic Partnership:
The signing of this deal is yet another example of the strong strategic partnership between India and the United States. It shows the commitment of both countries towards enhancing their defence cooperation.
Boost to Make in India:
The deal will also give a boost to the Make in India initiative as the missiles and torpedoes will be manufactured in India. This will help in creating job opportunities and promoting the growth of the Indian defence industry.
Historical Context:
The defence ties between India and the United States have been steadily growing over the years. The two countries signed a Defence Framework Agreement in 2015, which laid the foundation for closer defence cooperation. Since then, there have been several high-level visits and meetings between the two countries to strengthen their defence ties.
In 2020, India and the United States signed the Basic Exchange and Cooperation Agreement for Geo-Spatial Cooperation (BECA), which enables the sharing of military information and geospatial data between the two countries. This agreement is seen as a significant step towards enhancing the strategic partnership between the two countries.
Key Takeaways from “India, US to sign Rs 2,400 crore deal for missiles, torpedoes for Indian Navy”:
| Serial Number | Key Takeaway |
|---|---|
| 1. | India and the United States are set to sign a deal worth Rs 2,400 crore for the procurement of advanced missiles and torpedoes for the Indian Navy. |
| 2. | The deal will enhance the anti-submarine warfare capabilities of the Indian Navy and strengthen its defences in the Indian Ocean region. |
| 3. | The signing of this deal is a testament to the strong strategic partnership between India and the United States. |
| 4. | The deal will also give a boost to the Make in India initiative as the missiles and torpedoes will be manufactured in India. |
| 5. | The defence ties between India and the United States have been steadily growing over the years, and this deal is yet another example of the two countries’ commitment towards enhancing their defence cooperation. |
Important FAQs for Students from this News
Q. What is the deal between India and the United States for missiles and torpedoes for the Indian Navy?
Answer: India and the United States are set to sign a deal worth Rs 2,400 crore for the procurement of advanced missiles and torpedoes for the Indian Navy.
Q. What is the significance of this deal for the Indian Navy?
Answer: The deal will enhance the anti-submarine warfare capabilities of the Indian Navy, which is crucial for ensuring the safety and security of India’s maritime interests.
Q. Which country will manufacture the missiles and torpedoes under this deal?
Answer: The missiles and torpedoes will be manufactured in India under a joint venture between an Indian and a US defence company.
Q. What is the estimated cost of the deal?
Answer: The deal is estimated to be worth Rs 2,400 crore.
Q. Which area of the Indian Ocean region will be covered under the anti-submarine warfare capabilities of the Indian Navy?
Answer: The anti-submarine warfare capabilities of the Indian Navy will cover the entire Indian Ocean region, which is strategically important for India’s security interests.
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