UPDATED ON MAY 28, 2020 10:33 AM IST
The deal -- valued at more than $15 billion -- has attracted initial offers from global defence majors, including Boeing Co., Lockheed Martin Corp. and Sweden’s Saab AB.
By Amanda Billner | Bloomberg
UPDATED ON APR 17, 2018 07:25 PM IST
India and Sweden also agreed to set up a common task force on cyber security and from an innovation partnership.
By Anurag Kotoky and N. C. Bipindra | Bloomberg
UPDATED ON APR 12, 2018 12:31 PM IST
At the heart of the defense makers’ plans for India is the country’s insistence on local manufacturing, which mandates that at least 30% of parts in imported defense products are made within the country