Navy Chief Admiral Karambir Singh on Thursday said his force is alive to various threats in the maritime domain including from China and is fully ready to deal with them.
Admiral Amjad Khan Niazi was handed over the command of the Pakistan Navy in a ceremony held on Wednesday.
The Navy chief said the first indigenous aircraft carrier (IAC) will be fully operational by 2022 and will have MiG-29K aircraft. The Navy's annual budget allocation has come down from 18 per cent to 12 per cent in the last five years, he noted.
He extended warm greetings to the personnel and their families ahead of Diwali, the officials said.
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