Reliance naval had not finished their delivery on time in the past and the Indian Navy had to cancel their bank guarantees. Despite this, the dysfunctional Reliance is being given preferential treatment.
In an interview with D. Raghunandan, Gautam Navlakha discusses the latest development in which the government has invited the Reliance group, which was almost declared bankrupt, for naval ship building. Reliance naval had not finished their delivery on time in the past and the Indian Navy had to cancel their bank guarantees. Despite this, the dysfunctional Reliance is being given preferential treatment.