Defence Acquisition Council (DAC), chaired by Raksha Mantri Nirmala Sitharaman has approved the procurement of six diesel-electric submarines costing $5.6 billion under Project-75I, reports Defence News.
Some of the contenders for the project are Naval Group, Kockums (Sweden), Rubin Design Bureau (Russia), and Howaldtswerke-Deutsche Werft (Germany). A request for information (RFI) for P-75I was issued in July 2017.
“This is the second project under the MoD’s ambitious Strategic Partnership (SP) model that… envisages indigenous manufacturing of major defence platforms by an Indian SP who will collaborate with a foreign OEM [original equipment manufacturer] to set up production facilities in the country,” said a statement by the Ministry of Defence.
“Today’s DAC [Defence Acquisition Council] approval would be the second such (SP model) project following indigenous production of 111 naval utility helicopters that was approved in August 2018,” the ministry added.
Under the earlier Project-75, Indian Navy will acquire six Scorpene-class stealth submarines for $4.16 billion. The French shipbuilder Naval Group - formerly known as Direction des Constructions Navales Services - is building the submarines in partnership with Mumbai-based Mazagon Dock Limited (MDL). As of 31 January, three of the planned six have already been delivered to the Indian Navy.
Also Read: Indian Navy To Induct India’s First Indigenous Aircraft Carrier In 2020, Will Be Based At Eastern Naval Command
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.