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India to start bidding process for 6 submarines worth Rs 55,000 cr by Oct

The submarines will be built in India under the much-talked-about strategic partnership model that allows domestic companies to join hands with leading foreign defence majors

First Scorpene ready, Modi to commission INS Kalvari next month
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The defence ministry has already shortlisted two Indian shipyards and five foreign defence majors for the project, being billed as one of biggest "Make in India" ventures

Press Trust of India New Delhi
India is all set to launch the bidding process by next month for a Rs 55,000-crore mega project to build six conventional submarines for the Indian Navy to narrow the gap with China's growing naval prowess, government sources said on Sunday.

The submarines will be built in India under the much-talked-about strategic partnership model that allows domestic companies to join hands with leading foreign defence majors to produce high-end military platforms in the country and reduce import dependence.

The sources said the groundwork like specifications of the submarines and other critical requirements for issuance of the RFP (request for proposal)

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First Published: Aug 30 2020 | 5:29 PM IST

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