After being stuck for over six months, the Centre has given clearance to the Defence Ministry and Mazagaon Dockyards Limited to begin negotiations for the deal to buy six submarines to be built in India with German support under 'Project 75 India'.
After being stuck for over six months, the Centre has given clearance to the Defence Ministry and Mazagaon Dockyards Limited to begin negotiations for the deal to buy six submarines to be built in India with German support under 'Project 75 India'.
Public sector shipyard Mazagaon Dockyards Limited (MDL) on Thursday said it has been invited by the Defence Ministry from January 27 for negotiating the over Rs 70,000 crore Project-75 India deal under which six suvtines have to be built.
In the Rs 60,000 crore project to build six advanced conventional submarines, government-owned Mazagaon Dockyards Limited (MDL) has got an edge as it has cleared crucial trials in the programme.
Amid ongoing procedure to buy three more Scorpene class submarines for the Indian Navy, Naval Group-- the French partner for the project, said that the heart or the combat management system of these new submarines would be made in India by the Bharat Electronics Limited and supported by arch
The Indian Navy has begun trials for building six highly advanced submarines in the country in a Rs 60,000 crore tender, as it is working towards the modernisation of its conventional submarine fleet.