Why Russia Is A Strong Contender For India’s Rs 70,000 Crore Proposal To Build Submarines


Project 75 ‘India’, an ambitious proposal to design and construct six indigenous conventional submarines for $10 billion (over Rs 70,000 crore) is one of India’s longest delayed defence projects.

It was conceived over two decades ago and the first Request for Information was placed on foreign shipyards a decade ago, in 2008. The process was rebooted in 2014 with shipyards from France, Russia, Sweden and Germany submitting their bids last year.

The project is also part of the government’s Strategic Partnerships policy for defence industry where the MoD will approve tie-ups between Indian and foreign shipyards. Among the highlights of the recently concluded Defexpo-2018 in Chennai was an MoU signed between L&T and Russia’s state-owned arms export firm Rosoboronexport for the production of Project 75I submarines. Read More…

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