Defence Ministry scraps â¹6500 crore Navy chopper deal
The Defence Ministry has scrapped a â¹6,500-crore deal to procure 16 helicopters for the Indian Navy from American firm Sikorsky, according to reports. The deal had been in the making since 2009 but had been stuck over price issues since 2015. The Defence Ministry is merging the deal with a Make in India programme to produce 140 Naval Multirole Helicopters.