Reliance Defence and Engineering Ltd (RDEL) has signed Rs. 916 crore contract with the Defence Ministry for design and construction of 14 fast patrol vessels for Indian Coast Guard. RDEL is a wholly-owned arm of Reliance Infrastructure Ltd (RInfra). RDEL emerged winner through a competitive bidding process undertaken by Ministry of Defence with participation from almost all the private sector and public sector shipyards namely, Larsen and Toubro, Cochin Shipyard Ltd, Goa Shipyard Ltd, Garden Reach Shipbuilders & Engineers Ltd (GRSE), the company said in a statement. — PTI
— source thehindu.com
When defense became privatized, then chances of war will increase and like in USA war becames a good profit making business.
Boycott Reliance, Save our soldiers.