India to speed up acquisition of further aircraft carrier
India’s MoD is fast-tracking the Indian Navy’s (IN) proposal to indigenously build a follow-on 43,000t aircraft carrier, similar to INS Vikrant that was commissioned late last year.
At its 22 September meeting, the MoD’s Defence Procurement Board (DPB) discussed various aspects of constructing Indigenous Aircraft Carrier-2 (IAC-2) at Cochin Shipyard Ltd (CSL), which also built Vikrant, for an estimated INR400 billion ($4.81 billion).
IN sources said the DPB was expected to imminently forward the proposal for IAC-2, featuring ‘extensive modifications and upgrades’ over Vikrant, for approval to the Defence Acquisition Council before work on the project formally
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