The defence ministry came out with its latest 'request for proposal' on November 29. Industry experts say it could take two to three years to ink a deal while forces continue to struggle with operational inefficiency.
The supplementary procurement of SIG716 7.62x51 mm rifles had been abandoned following several "operational glitches" which had surfaced soon after they were issued to Indian Army units deployed along the Line of Control in Kashmir.
The UAE on March 24 reaffirmed that it would invest in Indonesia’s new capital city project through an existing $10 billion funding commitment to the Indonesia Investment Authority (INA).