A French luxury yacht manufacturer announced today a USD 21-million contract to supply India with 15 coastal surveillance ships.
The deal with Couach shipping yards is thought to be part of India's efforts to bolster security over its waters after it accused Pakistani extremists behind the 2008 attacks in Mumbai of travelling by sea.
Couach said the contract was for 15 ultra-fast 13-metre cutters and that the first three could be delivered in February 2011. Seven extra vessels could also be purchased.
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