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Minesweeper order: South Korean delegation visits GSL to ink a deal on tech-transfer

Minesweeper order

S Korean delegation visits

GSL to ink deal on tech-transfer

The Goan Network

A delegation of South Korean companies visited Goa Shipyard Limited (GSL) in connection with the minesweeper order which GSL has bagged from the central government.

Sources also informed that a number of shipyards from Goa and components manufacturers from other parts of India were also part of the meeting. The purpose behind the South Korean delegation’s visit was to ink agreements which would amount to transfer of technology from South Korean companies to Indian companies to manufacture minesweepers within India.

Minesweepers are naval warships, which are designed to remove explosive naval mines. GSL had got an order worth Rs 32,400 crore from Ministry of Defense to manufacture 12 minesweepers in 2014.

Earlier, the central government had given a contract to a South-Korean company to build minesweepers in 2008. But, the present central government under Prime Minister, Narendra Modi, thought it would be in India’s interest to manufacture these naval warships in the country.

It will make India more independent for its defense equipment requirements. Besides, it will also give a huge boost to the ‘Make-in-India’ campaign of PM Modi. This being the reason the transfer of technology was of huge significance. With the technology transfer, Indian companies will be able to make components and parts for minesweepers in India.

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Goa gets its first McDonald’s at Mall De Goa

The Goan Network
Published Jun 28, 2016, 12:00 AM IST
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PLEASE SEE: NARAYAN HAS UPLOADED PICS FOR THIS ON LIBERTY Byline: The Goan Network Pic Credit: Narayan Pissurlenkar Goa gets its first McDonald’s McDonald’s to open its doors at Mall De Goa todayPANAJIFinally, McDonald’s has arrived in Goa. Westlife Development, through its subsidiary Hardcastle Restaurants, has announced that it is opening Goa’s first McDonald’s at Mall De Goa in Porvorim on June 28 at 12 noon. Westlife Development is the owner of the master franchisee of…

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