Centre Gives Clearance To Defence Ministry, MDL To Begin Negotiations For ₹70,000 Crore Submarine Deal

The Indian government has given a major boost to its submarine acquisition and indigenous defence manufacturing initiatives by clearing the Defence Ministry and Mazagon Dock Shipbuilders Limited (MDL) to formally begin contract negotiations with Germany’s ThyssenKrupp Marine Systems (TKMS) for the construction of six advanced submarines under the ambitious Project-75 India (P-75I) program.Valued

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