BAE targets Indian warship contracts

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BAE can offer designs and technologies, or build warships with partners, said Julian Scopes, president of the company's Indian unit.

"They can take one of our designs and build them in India or we may have a joint design centre," Scopes said.

India is boosting surveillance at sea after terrorists infiltrated the financial capital in boats in November and killed 164 people.

Scopes said BAE also plans to make its joint venture with Mahindra & Mahindra, India's biggest sport-utility vehicle maker, a base for exporting armoured vehicles in Asia.

BAE will hold 26% of the venture and Mumbai-based Mahindra & Mahindra will own 74%. The partnership will build a version of BAE's RG-31 mine-protected vehicle in India.