What is Project-75
Germany has presented an inter-governmental proposal for sale of six advanced conventional submarines to India for the Navy’s P-75I procurement programme.
The senior officials were here two weeks ago.
They had good talks in order to move the process forward.
The race for the deal, expected to cost upwards of ₹45,000 crore, is between Germany and Spain, and the process has been considerably delayed.
India and Germany discussed the deal at the highest level during the visit of German Defence Minister Boris Pistorius in June 2023.
when he made a strong pitch for the bid by ThyssenKrupp Marine Systems (TKMS) in his talks with Defence Minister Rajnath Singh. Mr.
Pistorius had said that the submarine deal could become a “flagship project” between the two countries.
Only Germany and Spain technically meet the criteria to submit bids under the P-75I deadline.
The deal is being progressed under the ‘strategic partnership’ of the defence procurement procedure. Mazagon Dock Shipbuilders Limited (MDL), along with Larsen & Toubro (L&T) Limited.
As reported earlier, TKMS, which was initially in talks with L&T for partnering under P-75I, recently decided to partner with MDL to bid for the deal.
Both the bids have since been submitted and are currently being evaluated.
On Germany, officials had said India asked Berlin to relax some of their licensing requirements for the export of spares and components.
COMMENTS