Business Standard

Sunday, January 12, 2025 | 03:37 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Modi govt asks global warship makers to build new submarines for $6.6 bn

There would be an option to build six more submarines under the same project

Australian Navy submarine HMAS Waller exercising with INS Kamorta during AUSINDEX 2017. Photo: @Australian_Navy
Premium

Representative Image

N. C. Bipindra | Bloomberg
Prime Minister Narendra Modi’s administration has asked global warship makers to submit proposals to build six conventional submarines in India to boost local shipyard capability and plug gaps in the navy’s underwater warfare fleet.

France’s Naval Group SA, German Thyssenkrupp Marine Systems GmBH, Swedish Saab Kockums, Spanish Navantia SA and Russian Rosoboronexport OJSC were asked to show if they can transfer technology to build the diesel-electric powered submarines in India, people familiar with the matter said in New Delhi, asking not to be identified as the discussions were private.

The request for expression of interest to the foreign companies were

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in