In a boost to ‘Make in India’ Ministry of Defence (MoD) has finally set the ball rolling on the tender to develop six new-generation stealth submarines in collaboration with foreign partners, a project worth Rs. 42,000 crore.
According to TOI sources, MoD said that the tender or RFP (request for proposal) “should be issued by next month” to defence shipyard Mazagon Docks (MDL) and private ship-builder L&T for the submarine programme, called Project-75 India (P-75I).
It has further said that the project is expected to be finalised by December 2021 at the earliest. The project will bring in key technologies that will become a stepping stone to develop a completely indigenous submarine project (P-76).
P-75I will become the first project to be launched under the Strategic Partnership (SP) policy initiated by the current government in May 2017 to give a boost to ‘Make in India’. The submarine project or other SP projects won’t be affected by the MoD import arms embargo.