*NEW DELHI:* India seek strategic partner for 6 state of the art submarinesworth Rs 45,000 crore.
India on Thursday issued the Expression of Interest and sought applicationfrom ship-building companies for the construction of six P 75(I) Submarinesfor the Navy for about Rs 45,000 crore, Zee News has reported.
The project under the “Make in India” programme of the Narendra Modigovernment is the second project being undertaken under the latestStrategic Partnership (SP) Model, the first being the procurement of 111Naval Utility Helicopters (NUH).
As part of the deal, the government is not only aiming to give the IndianNavy the latest conventional submarines, but is also hopeful that P 75(I)would provide “a major boost to the indigenous design and constructioncapability of submarines in India” along with bringing in the latestsubmarine design and technologies as part of the project.
The project was cleared by the Defence Acquisition Council on January 31,2019.
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The companies shortlisted for P 75(I) will have to set up dedicatedmanufacturing lines for the six submarines in India and make the countrythe global hub for design and production of such under-water vessels.
After the first six submarines are built in India, the Navy can exercisethe option of manufacturing six more warships under P 75 (I).
