One of the navy’s most vital purchases – the contract for six new-generation submarines under what is dubbed Project 75-I – will take another two-to-three years in tendering, revealed the navy’s warship acquisitions chief on Monday.
This is because the contract, worth an estimated Rs 50,000 crore, will be India’s last overseas submarine procurement and hence the last chance to obtain the technology for building the next 12 submarines, which the government insists must be fully indigenous.
“When interacting with the original equipment manufacturers (OEMs) we have to be very clear that, after this technology transfer, we should be able to build our [future] submarines ourselves”, said Vice Admiral AK Saxena, Controller of Warships Production and Acquisition in New Delhi.
The 30-year submarine building plan of 1999 mandates building 12 submarines with foreign technology transfer, and the next 12 vessels indigenously. Read More