Indian Govt clears Navy’s mega deal for submarine procurement

The Defence Acquisition Council (DAC) on Friday cleared the issuing of a Request For Proposal (RFP) for the Indian Navy’s mega deal to procure six submarines under Project-75I through a strategic partnership route worth over Rs 45,000 crore.

Two Indian companies and five foreign Original Equipment Manufacturers had already been shortlisted earlier.

The mega deal was approved during the DAC meet on Friday led by Defence Minister Rajnath Singh.

The mega submarine project for building of indigenous submarines for the Navy got the final clearance wherein two Indian companies that can work in collaboration with a foreign manufacturer.

The RFP has been issued to Mazagon Docks (MDL) and private company Larsen & Toubro.

Under the Project 75I, the submarines for the Indian Navy are going to be constructed in India and will be through ToT by the OEMs.

This project is under the strategic partnership model which was adopted in an effort to ensure building capacity in the Indian industry.

The idea is that this is going to help in the local manufacturing of major military platforms.

The project received a clearance from the Cabinet Committee on Security (CCS) way back in 1999 and Acceptance of Necessity granted in 2007.

The strategic partnership model aims at promoting India as a manufacturing hub for defence equipment, in addition to establishing an industrial and R&D eco-system capable of meeting the future requirements of the Armed Forces besides giving boost to exports.

The Indian Navy currently has 12 submarines.

In addition there are two nuclear submarines INS Arihant and INS Chakra in the navy’s fleet.

Upgrading its submarine operations and the naval fleet has been the top priority for the Indian Navy in wake of the increased presence of Chinese vessels in the Indian Ocean region.

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Arushi Sana is the Co Founder of NYK Daily. She was a Forensic Data Analyst previously employed with EY (Ernst & Young). She aims to develop a global community of knowledge and journalism par excellence through this News Platform. Arushi holds a degree in Computer Science Engineering. She is also a Mentor for women suffering from Mental Health, and helps them in becoming published authors. Helping and educating people always came naturally to Arushi. She is a writer, political researcher, a social worker and a singer with a flair for languages. Travel and nature are the biggest spiritual getaways for her. She believes Yoga and communication can make the world a better place, and is optimistic of a bright yet mysterious future!

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