By: Vivek Raghuvanshi
NEW DELHI — India has launched first-ever global hunt for anti-ship missiles with a budget of $1 billion. But a requirement for those missiles, to be built by domestic companies, could be difficult to meet.
The medium-range anti-ship missiles must be capable of engaging fast-maneuvering targets within India’s exclusive economic zone in all weather conditions, and have land-attack capability.
A formal tender will be issued by mid-2018, and India hopes to negotiate a quick delivery of the product.
India’s Ministry of Defence wants the production license rights after it receives a transfer of technology for the medium-range anti-ship missiles.
Although no domestic company in India has ever manufactured an anti-ship missile, the MoD will award the contract to a local business as part of the Make in India policy; a foreign vendor will then have to tie up with the domestic company and bid for the tender, an MoD official explained.
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