So it just simply means, even with cheaper manpower, cheaper electricity and raw materials we will be spending twice as much as China while constructing lesser number of warships than China. Good to know that corruption will continue to rise...
nah
the difference in prices is due to
1. Import of technology and TOT agreements required to be signed by India
if u carefully look at the figures then
out of 50 billion USD to be spend on navy
10 billion will be spend on purchase of 6 AIP equiped subs and related TOT
4 billion will be spend on purchase of 4 LPD/LHD
these are just the amt spend on purchase of 10 foreign designed ships
additional amt will be spend on purchase of Marine diesel engines required for carriers , destroyers and frigates since we cannot build engines for very large ships
other amount will be spend on weapons systems and sensor suites
2. Second reason for this price gap is due to difference in tonnage of vessels being acquired by India and china
for instance china will acquire missile boats weighing 500-700 tons while India will acquire missile boats weighing 2200 tons which will infact replace 1800 tons Sukanya class missile boats
similarly china will acquire 4000 tons frigates while India will acquire 6200 tons frigates
Its just like this
Barring the Aircraft carriers , an average ships being inducted by Indian navy will be larger than those inducted by PLAN
3. barring the labour costs all other costs are actuallly lower in china
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