Abingdonboy
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The IN is actively working to have 5-6 CBGs by 2035-40 as per their own long term planning. By this time the Indian economy will be the second largest economy on the planet (or perhaps the largest) and it will be necessary to protect India's sea lines of communication as well as projecting its "hard power".What are we going to do with 3 CBGs? We are not America that we would deploy carrier fleet in different part of worlds . Not to mention it is damn expensive .
IMHO, Navy should invest money on Andaman. Protect it with multi layered SAMs. Buy more Mig29k.
IMHO, we do not need more than 2 CBGs. Atleast 1 could be active all the time.
As pointed out, these a long term plans- India won't be supporting 3 CBGs on a meagre $40BN/year defence budget.
As for developing the A&N islands- this is already being done at a considerable pace since the new GoI entered into office.
They are eligible to make money just as L&T, TATA and any other private player is if they receive orders from the GoI. I'm not a fan of Reliance but this is how business goes.new Talwar class frigates from Russia through Reliance Defense, which was earlier planned for Russian Navy, those three ships are almost completed without having the engine/power plant, due to the Ukrainian issue, they denied to supply the Zorya gas turbine engines to Russia, So Russia has no plans either scrap the Ships or transfer to Friendly country's who maintain peace with both Russia and Ukraine, Earlier Russia openly offered the Ships to India, however
Can someone tell me why the Ambanis are making money on this?
It is impossible to know what the financial situation was of the previous owners of Pipavav when they sold to Reliance- the future orders may have been too distant a prospect for the previous owners of Pipavav to hold out for. You can't tell your creditors you will pay them when you get XYZ order that you think are on their way.Lollz. They weren't 'smart'. They got inside info and firmed up future tenders by bribing the def min. Then arm twisted the likes of Pipavav to sell out to them. Why would Pipavav want to sell to the Ambanis when a huge wave of contracts is underway?
The M&A world is littered with these kinds of stories- owners selling out on the cusp of major success for their business because their financial position had become untenable at the time.
So what? What do the Ukrainians have to offer India? The largest defence deal they have ever done with India (or anyone for that matter) was the upgrade of the IAF's AN-32 fleet to the RE standard and even this seems to have hit trouble with the current hostilities.Exactly my thought. Buying this ship is a political risk, it can piss of the Ukranians.
Of course he will but he is a shrewd businessman so this is no surprise.such claims of a 'philanthropic' buy, Anil Ambani will be walking away with a very very pretty profit.
Their entry into the defence business itself was made to corner defence expenditure. And don't fall for these kinds of articles. In a booming Industry managing debt is not as much a problem as it looks.
Actually the industry is on the cups of booming but hasn't boomed just as yet (at least not for the private players). What orders had Pipavav received to date? Not a huge amount but yes, they are now looking at MASSIVE orders however that is still 1-2 years away and the previous owners may have been in no position to hold out for that long.