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Pinky's Multiple Visits To India And Various Indian Business Events Have Paid Off

xingguy

Alfrescian (Inf)
Asset
Source: The Alternative View

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It seems like Lee Hsien Loong's multiple visits to India as well as his attendance of various Indian business and university alumni events have paid off.

PAP held its 60th anniversary dinner yesterday and of 10 comment under his status update on that event, 6 were posted by Indian nationals working here.

Now you know Lee Hsien Loong's real intention for opening the doors to these people.


End Of Article​

 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
The Honorable Mr Lee obviously knows which side his bread is buttered on.
 

zeddy

Alfrescian (Inf)
Asset
Look the praises being bestowed to Pinky by the Ah Nehs...

The Ah Nehs have brought the phrase ' Curry Favour ' to a whole new level...
 

aerobwala

Alfrescian
Loyal
I think we all got it wrong, he was there as Chief Arty Officer to sell artillery gun to India. What could be more convincing when a marketing officer is a BG with artillery background.

The+Singapore+155mm+Self-Propelled+Howitzer,+Primus.jpg


Written by Pranav Kulkarni | New Delhi | Posted: November 23, 2014 3:59 am | Updated: November 23, 2014 9:27 pm


Manohar Parrikar greenlights purchase of 814 artillery guns worth Rs 15,750 crore


Taking the first step to end the post-Bofors freeze on acquisition of much-needed artillery guns for the Army, the Defence Acquisition Council (DAC), under new Defence Minister Manohar Parrikar, on Saturday cleared a proposal to procure 814 mounted-gun systems for the artillery arm.

The guns will be bought for Rs 15,750 crore under ‘buy and make’ category of the defence procurement procedures — this means that the first 100 guns will be bought off the shelf from an original equipment manufacturer and the remaining 714 will be manufactured in India.

The green signal from Parrikar in his very first meeting of the DAC is crucial given that the artillery arm of the Army is in dire need of gun systems of different kinds.

Procurement stalled in the aftermath of the Bofors scandal and a series of decisions by previous governments, including blacklisting of foreign gun manufacturers for alleged wrongdoings.

Saturday’s decision will be followed by responses from Indian/Indo-foreign joint ventures.

“Acquisition of 814 pieces of 155 mm x 52 calibre mounted gun system has been cleared at Rs 15,750 crore. It will be procured under ‘buy and make-in-India’ programme. The first 100 will be purchased off the shelf and the rest would be manufactured in India,” a Defence ministry official said.

The DAC deferred decisions on two important Indian Air Force programmes — the procurement of 56 transport aircraft to replace Avros (a joint venture between Tata and Airbus has resulted in a single-vendor situation) and the proposal to consider acquisition of additional 106 Swiss Pilatus basic trainer aircraft. “Both programmes were discussed, but more information was sought on both projects. The projects have yet not been cleared, but are likely to be considered in subsequent DAC meetings,” the official said.

The DAC, however, gave the nod to revise payment terms in an ongoing IAF programme called the Integrated Air Command and Control System (IACCS). The go-ahead for payment of Rs 7,160 crore for this programme will now ensure that payments to Bharat Electronics Limited, Ghaziabad are made on the basis of “milestones” as against the earlier agreed mode of percentage-payments based on stages of completion.
 
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