Indian MOD Clears Multi Billion Dollar Defence Contracts

By admin • March 29th, 2010

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This article about multi billion dollar defence contracts is interesting:

The Indian Ministry of Defence has been scurrying to maximise the defence allocation for the fiscal year 2009-10 by making major purchases before the 31st March. While many defence contracts and negotiations are signed in the fiscal year, the end of the financial year usually witnesses some expensive purchases to avoid under utilisation of the defence allocation.indiadefenceonline.com, Indian MOD Clears Multi Billion Dollar Defence Contracts, Mar 2010

You should read the whole article.

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