India plans to leverage leasing
Leasing is looking like an increasingly attractive option for the Indian military.
The new leasing clause introduced in the Defence Acquisition Procedure 2020 framework has opened up possibilities for India’s military.
G. Ashok Kumar, the Indian Navy’s (IN) Vice Chief of Naval Staff, said at an e-symposium: ‘It is a path-breaking change. The lease model offers options for cost constraints and limited-duration stop-gap requirements by way of faster induction.’
Operational-support assets and auxiliaries, high-end ships, minesweepers, tugs and, in the future, space-based surveillance, underwater systems and UAVs are among IN requirements.
‘Leasing will enable focus on core competence, remove technological complexities and lower manpower cost for operation, maintenance and training, and reduce
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
![Taiwan approved for purchase of $11 billion in weapons from US]()
Taiwan approved for purchase of $11 billion in weapons from US
The US State Department’s approval of a multi-billion-dollar sale of weapons to Taiwan includes tactical mission networks equipment, uncrewed aerial systems, artillery rocket systems and self-propelled howitzers as well as anti-tank guided missiles.
-
![US National Security Strategy prioritises advanced military capabilities and national industry]()
US National Security Strategy prioritises advanced military capabilities and national industry
The 2025 NSS has emphasised investment in the US nuclear and air defence inventory and national industry, but it leaves multiple unanswered questions on how the White House will implement this approach.
-
![Canada set to look away from its neighbour and across the Atlantic for partners]()
Canada set to look away from its neighbour and across the Atlantic for partners
While non-EU UK struggles to join the Security Action for Europe initiative, which provides loans for defence programmes, Canada has become the first country outside Europe to get access – and did so for a nominal fee.
-
![NATO experiments with solutions to integrate networks, AI and uncrewed systems]()
NATO experiments with solutions to integrate networks, AI and uncrewed systems
During the latest edition of the NATO DiBaX, the alliance tested multiple capabilities to inform requirements for future efforts.
