Make in India boost! Defence Ministry invites private players to build 6 submarines worth Rs 45,000 crore
The government with this programme under its flagship Make in India initiative has taken a decisive step towards developing advanced submarines for Indian Navy.
- Jun 21, 2019,
- Updated Jun 21, 2019 8:28 PM IST
The Indian Navy has issued an Expression of Interest (EoI) for shortlisting potential strategic partners for the construction of six P-75 (I) submarines, the defence ministry said on Thursday. A major boost to the 'Make In India' initiative, the project would cost nearly Rs 45,000 crore.
"As a major initiative towards 'Make in India', the government immediately on taking over has issued the Expression of Interest(s) for shortlisting of potential Indian Strategic Partners (SPs) for "Construction of six Conventional Submarines" for P-75(I) Project of the Indian Navy on June 20," the Navy said in a press statement read by IndiaToday.
The government with this programme under its flagship Make in India initiative has taken a decisive step towards developing advanced submarines for the naval branch of the Indian armed forces. This is the second such project undertaken by the NDA government under the latest Strategic Partnership (SP) Model where private players are invited to bid for a major defence contract. The first project cleared by the government was the procurement of 111 Naval Utility Helicopters (NUH).
The Indian Navy has issued an Expression of Interest (EoI) for shortlisting potential strategic partners for the construction of six P-75 (I) submarines, the defence ministry said on Thursday. A major boost to the 'Make In India' initiative, the project would cost nearly Rs 45,000 crore.
"As a major initiative towards 'Make in India', the government immediately on taking over has issued the Expression of Interest(s) for shortlisting of potential Indian Strategic Partners (SPs) for "Construction of six Conventional Submarines" for P-75(I) Project of the Indian Navy on June 20," the Navy said in a press statement read by IndiaToday.
The government with this programme under its flagship Make in India initiative has taken a decisive step towards developing advanced submarines for the naval branch of the Indian armed forces. This is the second such project undertaken by the NDA government under the latest Strategic Partnership (SP) Model where private players are invited to bid for a major defence contract. The first project cleared by the government was the procurement of 111 Naval Utility Helicopters (NUH).