Analysts say that the partnership with Adani, which has taken quiet if baby steps towards the defence sector over the last two years, may give the Swedish firm a decisive edge.
With the weather conditions improving slightly and the Damodar Valley Corporation releasing less water, the situation has improved slightly.
The Tata-Lockheed combine will likely go head-to-head with Sweden’s Saab for the Indian Air Force’s $10-billion single-engine fighter deal.
During initial investigations, most attention was centred on Tyagi whose cousins allegedly received kick-backs through various north Indian shell companies.
An analysis of the country’s defence budget allocations not only suggests a lack of integrated planning, but worse, a deterioration in coordination.
While the deal comes with a number of silver linings, it also shows that boosting indigenous defence production will take a lot more work.
Two aircrafts and four ships have been deployed on search and rescue operations over the Bay of Bengal.