Hindustan Shipyard Limited (HSL), along with its two public sector consortium partners, is gearing up to submit its bid for construction of six conventional submarines, for which the Expression of Interest (EoI) notification has been issued by the Indian Navy for potential strategic partners.
This will be followed by another EoI for Original Equipment Manufacturers (OEMs).
Make-in-India initiative ::
The Indian strategic partner has to design and construct the submarines in the country under the Make-in-India initiative. The proposal, taken up under Project-75 (I), is moving to the next level after the re-election of the NDA government at the Centre.
Keeping the Navy’s requirement in mind, which was cleared by the Defence Acquisition Committee, HSL formed the consortium with Bharat Heavy Electricals Limited (BHEL) and Mishra Dhatu Nigam Limited (MIDHANI) in May to provide a credible domestic alternative.
The Navy is going for the second strategic partner model to achieve self-reliance after the project to acquire 111 Naval Utility Helicopters. Read More