Now Reading: India’s Rs 60,000 crore German submarine deal nears final approval
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India’s Rs 60,000 crore German submarine deal nears final approval
India's plan to build six advanced conventional submarines with Germany's ThyssenKrupp Marine Systems (TKMS) has moved closer to final approval, with the proposal expected to go before the Cabinet Committee on Security.…
India's plan to build six advanced conventional submarines with Germany's ThyssenKrupp Marine Systems (TKMS) has moved closer to final approval, with the proposal expected to go before the Cabinet Committee on Security. The Rs 60,000 crore deal would involve constructing the submarines primarily at Mumbai's Mazagon Dock Shipbuilders Ltd.
The project, known as Project 75(I), has been delayed for years due to lengthy evaluations of complex technical specifications and commercial terms. The deal is expected to give India critical design and engineering know-how to help build a domestic submarine industrial base. The development comes as two-thirds of India's conventional diesel-electric submarines are more than 25 years old and nearing the end of their operational life.
Indian Opinion Analysis
Project 75(I) was first conceived over a decade ago as a cornerstone of India's naval modernisation under the Strategic Partnership model, which requires foreign OEMs to tie up with Indian shipyards. The deal's progress has been stuck on technology transfer terms and the navy's demand for an air-independent propulsion system. With Pakistan inducting Chinese-built Hangor-class submarines and China's own navy expanding rapidly in the Indian Ocean, the clearance of this project would signal whether the government can execute high-value defence deals that genuinely build indigenous capability rather than just assemble foreign designs. The next milestone to watch is Cabinet Committee on Security clearance.
Source: scmp.com
This story was synthesised by AI from the source linked above.
