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Defence Ministry signs ₹53,000 crore deal for eight new warships
The Ministry of Defence has finalized contracts worth over ₹53,000 crore to procure eight Next Generation Corvettes for the Indian Navy. These warships will be constructed by Garden Reach Shipbuilders & Engineers Limited and Goa Shipyard Limited. This significant acquisition aims to bolster the maritime capabilities and operational readiness of the Indian naval fleet.
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