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Defence Ministry clears deal for 6 submarines

Defence Ministry clears deal for 6 submarines Updated: Updated: Deal will take at least few years to be concluded, says an official. Share Article Deal will take at least few years to be concluded, says an official. The Defence Acquisition Council (DAC) on Friday cleared a deal for procurement of six advanced conventional submarines under Project-75I for the Navy at a cost of around ₹43,000 crore. The Request For Proposal (RFP) will now be issued to shortlisted Indian and foreign companies....
South Korea Rajnath Singh Larsen Toubro Defence Acquisition Council Strategic Partnership Mazgaon Docks Limited

In big boost to Indian Navy, Defence Ministry clears Rs 45,000 crore mega-deal for submarine procurement

The mega submarine project for the building of indigenous submarines for the Navy got the final clearance wherein two Indian companies can work in collaboration with a foreign manufacturer. The RFP has been issued to Mazagon Docks (MDL) and private company Larsen & Toubro.
Indian Ocean New Delhi Rajnath Singh Larsen Toubro Defence Acquisition Council Cabinet Committee On Security
Source: india.com

Defence Ministry clears Navy's mega deal for submarine procurement

ALH Mk-III helicopter successful in deck trial on Coast Guard ship The Defence Acquisition Council (DAC) on Friday cleared the issuing of a Request For Proposal (RFP) for the Indian Navys mega deal to procure six submarines under Project-75I through a strategic partnership route worth over Rs 45,000 crore. Two Indian companies and five foreign Original Equipment Manufacturers had already been shortlisted earlier. The mega deal was approved during the DAC meet on Friday led by Defence Minister R...
Indian Ocean Rajnath Singh Larsen Toubro Defence Acquisition Council Cabinet Committee On Security Indian Navy

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