The Indian navy requires a minimum of three aircraft carriers to secure its interest in the waters and this is without regarding rumours of China's plan to have 6 carriers. The ageing INS Viraat is the lone carrier, which India has, but is to be phased out in the coming years. The navy is also awaiting the delivery of the Admiral Gorshkov by 2013 and the indigenously developed aircraft carrier around 2015.
It has also been reported by DailyMail that the ongoing cost-cutting drive had hit the royal navy’s ship induction plans. The Telegraph reports that as a part of austerity drive, the search and rescue services rendered by the royal navy, coast guard and royal air force may be privatised in the United Kingdom.
Meanwhile, a 40 member strong Russian delegation is in India to discuss the price hike of Admiral Gorshkov as neither side is ready to back down from their price positions. India has so far released US$650 million for the refurbishment of the Kiev class carrier. Even though the price hike has become a bone of contention between the two parties, work on the aircraft carrier has not been stalled. This may be partly because Russia could now be in a position to induct the Gorshkov into its own Navy in case discussions with India fail.
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