Indian Defence Acquisition Council has cleared the issuing of Request For Proposal or R F P for Indian Navy’s mega deal for procurement of 6 submarines under Project 75I, worth over 45,000 crore rupees. Two Indian companies and 5 Foreign OEMs already shortlisted earlier.
Today the Defence Ministry, led by Defence Minister Rajnath discussed the project in detail on at a high-level meeting and cleared the project.
The project named P 75 India has been in the making for a long time now and would be the successor to the Scorpene or Kalvari class submarines being built at the Mazagon Dockyards Limited in partnership with France. The Navy has already identified and cleared Mazagaon Dockyards and Larsen and Toubro as the strategic partners that can tie up with five global manufacturers including French Naval Group, German T K M S, South Korean Daewoo, Spanish Navantia and Russian Roso boron export, sources said. The Indian Navy has two major projects under the strategic partnership policy which had been envisaged to develop the indigenous private sector in defence as major producers but now it has also seen public sector firms taking part in it.
DAC Approved six conventional Submarines for Indian Navy.
Indian Government Cleared P-75I.
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