
India all set for $1.3 bn worth defence deal with Japan
The Dollar Business Bureau In a direct government-government deal without any contenders along, India is all set for a defence deal with Japan, in view of strengthening its naval power in Asia-Pacific region. According to an Indian Defence News report, India would soon acquire a massive ShinMaywa US-2i amphibious aircraft from Japan as part of their expanding bilateral strategic partnership. In this regard, the Defence Acquisitions Council (DAC) chaired by the Union Defence Minister Manohar Parrikar, is expected to propose empowerment of the Joint Working Group (JWG) to negotiate the purchase of around $1.3 billion for at least 12-stretcher capacitated US-2i aircraft. It is on ‘Acceptance on Necessity’ that the Indian Navy is stepping ahead for US-2i aircraft and may ...