Wednesday, September 25, 2013

India in blacklist dilemma over AgustaWestland

Defence Minister A.K. Antony is leaning toward barring Anglo-Italian helicopter firm AgustaWestland from doing business in the country because of a corruption scandal, but he could be outvoted by cabinet colleagues, several government sources said.

Some cabinet ministers and even officials within the defence ministry fear such a move could set back India's efforts to modernise its military, the sources told Reuters. India plans to spend $100 billion in the next decade on military hardware.

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