India to begin bidding course of by October to acquire 6 submarines costing Rs 55,000 crore

New Delhi, August 30

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

The submarines will likely be in-built India beneath the much-talked-about strategic partnership mannequin that permits home firms to hitch arms with main international defence majors to supply high-end army platforms within the nation and cut back import dependence.

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

The RFP will likely be issued by October, they added.

The defence ministry has already shortlisted two Indian shipyards and 5 international defence majors for the challenge, being billed as one among largest “Make in India” ventures.

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

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

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 army presence within the Indian Ocean Region.

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

According to international naval analysts, Chinese navy presently has over 50 submarines and about 350 ships. The complete variety of ships and submarines is projected to go previous 500 in subsequent 8-10 years.

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

The coverage envisages the institution of long-term strategic partnerships with Indian defence majors by a clear and aggressive course of whereby they’d tie up with international unique gear producers (OEMs) to hunt expertise transfers.

Initially, the strategic companions will likely be chosen in 4 segments – fighter plane, helicopters, submarines and armoured preventing autos/most important battle tanks. It is predicted to be expanded to different segments.

In the previous couple of months, the federal government has unveiled a sequence of reform measures and initiatives to make India a hub of defence manufacturing.

On August 9, Defence Minister Rajnath Singh introduced that India will cease the import of 101 weapons and army platforms like transport plane, gentle fight helicopters, typical submarines, cruise missiles and sonar methods by 2024.

In May, the federal government introduced rising the FDI restrict from 49 per cent to 74 per cent beneath the automated route within the defence sector.

India is one the most important importers of arms globally.

According to estimates, the Indian armed forces are projected to spend round USD 130 billion in capital procurement within the subsequent 5 years.

The authorities now desires to scale back dependence on imported army platforms and has determined to help the home defence manufacturing.

The defence ministry has set a aim of a turnover of USD 25 billion (Rs 1.75 lakh crore) in defence manufacturing within the subsequent 5 years that included an export goal of USD 5 billion (Rs 35,000 crore) price of army {hardware}. PTI

Be the first to comment on "India to begin bidding course of by October to acquire 6 submarines costing Rs 55,000 crore"

Leave a comment

Your email address will not be published.


%d bloggers like this: