India will soon buy Amphibious rescue aircraft from Japan For $1.5 Billion

TOKYO / DELHI:   India has agreed to purchase 12 amphibious rescue aircraft from Japanese manufacturer ShinMaywa Industries worth $1.5 billion-$1.6 billion, a Japanese daily reported on Sunday. Japan and India have been holding talks on the purchase for more than two years. It would one of Japan's first sales of military equipment since Prime Minister Shinzo Abe lifted a 50-year ban on arms exports and it reflects growing defence ties between the two countries. The Defence Ministry will approve the purchase of 12 US-2 airc…