Navy may lease military platforms

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New Delhi, November 18

The Indian Navy is looking to leasing certain military platforms under the newly minted policy allowing lease of military hardware.

The Vice-Chief of the Indian Navy, Vice Admiral G Ashok Kumar, while speaking at the symposium on “Leveraging leasing for force level maintenance & modernisation”, organised by the FICCI, said leasing could mitigate short-term capability gaps.

The Navy looks to lease operational support and auxiliary vessels and those could be mine-sweepers, utility helicopters and unmanned platforms (UAV). — TNS



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