The ambitious indigenous project will be developed by the Defence Research and Development Organisation (DRDO) at an estimated budget of Rs 21,700 crore. Like Israel's Iron Dome system, it will provide the Indian Air Force to detect and destroy hostile targets from a large range.
The Indian Navy plans to acquire 24 new submarines, including six nuclear attack submarines, to bolster its underwater fighting capability.
The comments come a day after President Donald Trump has announced that the US would not sell the F-35 fighter jets to Turkey after Ankara purchased the S-400 missile defence system from sanctions-hit Russia.
India is keen on deepening its security-related cooperation with the SCO and its Regional Anti-Terrorism Structure (RATS), which specifically deals with issues relating to security and defence.
The project will boost the communication capabilities of defence forces in a major way leading to enhanced national operational preparedness, the statement said.
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