The Indian Navy is considering replacing its ageing fleet of minesweeping ships and is in negotiation with Korean Kangnam Corporation Busan shipyards to build two mine countermeasures vessels.
A Cost Negotiation Committee has been set up, but it is yet to fix a final price tag with the shipyard for the project despite the deal being cleared six years ago.
The Indian Navy is also considering the purchase of two decommissioned Osprey Class minesweeper vessels from the US, according to The Hindu.
The Navy currently operates a dozen Pondicherry/Karwar class vessels with the Western and the Eastern Fleet.
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