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…

You may also read!

Surfing internet in plane soon possible, but voice call has to wait

Your wait to use mobile phones on airplanes may soon be over, but you may only get to surf

Read More...

Future of ties will depend on Pakistan acting on terror: US official

The United States has still not seen decisive action by Pakistan against terrorists operating from its soil a year

Read More...

Separatist shutdown affects life in Kashmir Valley

A shutdown called by separatists affected life across the Kashmir Valley on Thursday with heavy security deployed here and

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu