pilgrim999
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AMCA will remain plane of indian fantasy as LCA will remain plane for indian museum. .As for india cutting down on numbers of T-50 is due to economic reason.india is in decline and it will cut on many defence expenditure programs in coming future.
amca being fantsay is bull....Its ecstacy...
LCA will join the IAF soon.....Indian musuem yu gotta be kidding.....
Economic downturn ...yes we are going through a bad phase.....but so are the rest of economies..remember the T 50 payment is spread over the years so budgetary allocation aint a problem....with all the news of black money etc i dont think we are short of money..
may be the order revision is the balancing act of a unease over russian project management...le .gorshkov affaire...
but over all capital costs are going to come under scrutiny as all three forces are on a whirl wind modernization and rationalization of spendinng will become the focus of MOD.....economy is gonna be a mjor factor on how and where do we reach post modernisation phase......or it mayy be the just right spur for enhanced domestic production of development R&D and co production....remember the offsets gonna give a huge impetus to our industry...whoc have been left out of the share of pie till late.....
hope this satisfies yur pangs of economic gloom for India.....