Print Edition - 2018-01-14 | World News Digest
India likely to revive missile deal with Israel
-, NEW DELHI
Jan 14, 2018-
The Indian army and the government are discussing ways to revive a $500 million order to buy Spike anti-tank guided missiles from Israel’s state-owned defence contractor Rafael, military chief Bipin Rawat has said. India recently called off the deal to procure 8,000 missiles, souring the build up to Israel Prime Minister Benjamin Netanyahu’s visit to the country this week. Rawat said the deal was scrapped after the state-run Defence Research and Development Organisation (DRDO) offered to manufacture similar missiles in line with premier Narendra Modi’s pet ‘Make in India’ initiative. “They said... why you are going for a missile that we are capable of manufacturing and can give you better results,” Rawat said. “That is what led to retracting of the RFP (request for proposal).” Rawat said the DRDO missiles were yet to be tested and would not be ready till 2022, which could hit India’s operational capabilities in the interim. India has been investing tens of billions of dollars in updating its Soviet-era military hardware to counter long-standing tensions with regional rivals China and Pakistan.
Published: 14-01-2018 10:34