Eye on modernising submarine fleet, Indian Navy floats Rs 60,000 Crore tenders
Eye on modernising submarine fleet, Indian Navy floats Rs 60,000 Crore tenders
With the aim of modernising the country’s existing conventional submarine fleet, the Indian Navy has kicked off trials for making highly advanced submarines by floating a Rs 60,000 crore tender.
The Indian Navy has started trials of the competing teams including Larsen and Toubro and Mazagaon Dockyard Limited.Â
The Rs 60,000 crore contract is to build six stealth submarines equipped with Air Independent Propulsion (AIP) technology, enabling prolonged underwater operations.
The trials of the German submarine’s Air Independent Propulsion system were conducted in Kiel in the last week of March in Germany, defence officials informed India Today.
The German side has tied up with the Defence Ministry owned MDL, they said. The competition is to construct stealth submarines for India’s programme in collaboration with Germany and Spain.
The next series of trials would be held in June at the Spanish Navy facility.
Spanish Navantia and India’s Larsen and Toubro are partners for this mega project.
India intends to build these submarines under the Make In India programme and Indian firms are expected to get over Rs 30,000 crore worth of business thanks to the defence project.