Indian Navy to launch bidding process by year-end to procure 6 indigenous submarines
India is ready to start the bidding process by next month for a Rs 55,000-crore (7.536.826,00$) ambitious project to build six indigenous submarines for the Indian Navy to taper the gap with China’s growing naval capabilities, government sources said on August 30 2020.
The submarines will be built in India under the Navy’s P75I program and guided by the Ministry of Defence’s Strategic Partnership model, which aims to build indigenous capabilities in order to reduce import dependence, a senior ministry official said.
The RFP for the project, which is being billed as one of biggest “Make in India” ventures, will be issued by October and the defence ministry has already shortlisted two Indian shipyards, L&T group and state-owned Mazagaon Docks Ltd (MDL), and five foreign defence majors for the project, ThyssenKrupp Marine Systems (Germany), Navantia (Spain) and Naval Group (France) are foreign partners.