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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 Navy s 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 Rajnath Singh. The mega submarine project for building of indigenous submarines for the Navy got the final clearance wherein two Indian companies that can work in collaboration with a foreign manufacturer.

Defence Ministry clears Navy proposal for submarine

Rs 43,000-crore tender to build six state-of-the-art submarines cleared

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