Bidding For India’s Rs 55,000 Crore Submarine Undertaking To Begin By October: Report

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At the moment, India has 15 typical and two nuclear submarines (Representational)

New Delhi:

India is all set to launch the bidding course of for a Rs 55,000-crore mega mission to construct six typical submarines for the Indian Navy to slim the hole with China’s rising naval prowess, authorities sources stated on Sunday.

The submarines might be in-built India below the much-talked-about strategic partnership mannequin that permits home corporations to hitch palms with main international defence majors to supply high-end navy platforms within the nation and cut back import dependence.

The sources stated the groundwork, like specs of the submarines and different important necessities for issuance of the RFP (request for proposal) for the mega mission, named as P-75 I, has been accomplished by separate groups of the defence ministry and the Indian Navy.

The RFP might be issued by October, they added.

The defence ministry has already shortlisted two Indian shipyards and 5 international defence majors for the mission, being billed as one of many greatest “Make in India” ventures.

The shortlisted Indian entities are L&T group and state-owned Mazagaon Docks Restricted (MDL) whereas the choose international entities included ThyssenKrupp Marine Techniques (Germany), Navantia (Spain) and Naval Group (France).

Initially, the defence ministry will situation RFPs to MDL and L&T and the 2 companies should submit their detailed bid after receiving the doc. Subsequently, the 2 should choose a international associate out of the 5 shortlisted entities, the sources stated.

The Indian Navy plans to accumulate 24 new submarines, together with six nuclear assault submarines, to bolster its underwater preventing functionality. It presently has 15 typical submarines and two nuclear submarines.

The Navy has been specializing in considerably bolstering its general capabilities in view of China’s rising efforts to extend its navy presence within the Indian Ocean Area.

The Indian Ocean, thought-about the yard of the Indian Navy, is important to the nation’s strategic pursuits.

Based on international naval analysts, Chinese language navy presently has over 50 submarines and about 350 ships. The overall variety of ships and submarines is projected to go previous 500 in subsequent Eight-10 years.

Indian Navy can be within the means of procuring 57 carrier-borne fighter jets, 111 Naval Utility Helicopters (NUH) and 123 multi-role helicopters below the strategic partnership mannequin.

The coverage envisages the institution of long-term strategic partnerships with Indian defence majors by way of a clear and aggressive course of whereby they might tie up with international authentic gear producers (OEMs) to hunt know-how transfers.

Initially, the strategic companions might be chosen in 4 segments – fighter plane, helicopters, submarines and armoured preventing autos/foremost battle tanks. It’s anticipated to be expanded to different segments.

India is one the biggest importers of arms globally. Based on estimates, the Indian armed forces are projected to spend round $130 billion in capital procurement within the subsequent 5 years.

The federal government now needs to cut back dependence on imported navy platforms and has determined to help the home defence manufacturing.

The defence ministry has set a turnover purpose of $25 billion (Rs 1.75 lakh crore) in defence manufacturing within the subsequent 5 years, together with an export goal of $5 billion (Rs 35,000 crore) navy hardware.



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