Amari is on an official five-day visit to India which began against the backdrop of talks on a free trade agreement in the Indian capital last week that ended with big differences.
India is acquiring the drones primarily to crank up the surveillance apparatus of the armed forces, especially along the contested frontier with China.
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It said the acceptance of necessity accorded to the procurement by the Defence Acquisition Council noted the estimated cost of $3,072 million as provided by the US government, adding the price will be negotiated once policy approval from Washington is received.
A senior government functionary claimed on Thursday that the average estimated cost of MQ-9B long endurance drones for India would be 27 per cent lower than the price incurred by other countries which have bought it from the US, asserting that it will most likely go further down during negotiations unless India seeks additional features.
Another major announcement that came was an MoU signed between GE and Hindustan Aeronautics Limited to jointly produce fighter jet engines for the Indian Air Force.
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The defence ministry on Thursday accorded its approval to procure 30 MQ-9B Predator drones from the US to crank up the surveillance apparatus of the armed forces, especially along the frontier with China, people familiar with the development said.
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The MQ-9B predator armed drones -- 10 each for three services -- is seen to be a key part of India's national security and defense needs.
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The sources said the talks are focused on sorting out certain issues relating to cost component, weapons package and technology sharing.
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The investments are expected to happen in the Delhi-Mumbai Industrial corridor.
A joint statement issued at the end of an India-Japan energy dialogue said both the countries would explore ways and means to further cooperation in the field of new and renewable energy sources.
Indian corporate giants, Reliance Industries and Tatas are looking at the option of raising finances through the Japanese Depository Receipts route, a top Japanese minister said in Mumbai on Wednesday.
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The European Union on Wednesday said there would not be any dialogue with India on the World Trade Organisation issues when their political heads meet at the India-EU summit this weekend, even though trade issues will figure in the summit.
Japan's economy unexpectedly slipped into recession in the third quarter, setting the stage for Prime Minister Shinzo Abe to delay an unpopular sales tax hike and call a snap election half-way through his term.
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''We want to make Vibrant Gujarat the global business hub,' says Gujarat Minister Saurabh Patel.
The new battalion, numbered 241, was named Bastariya because it included recruits from Bijapur, Dantewada, Narayanpur, and Sukma districts.
The crisis remains acute with the country's banks already closed.
In a powerful signal to New Delhi that the United States is a reliable defense partner, Senators Mark Warner and John Cornyn introduced US-India Defense Technology and Partnership Act in Senate
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