Defence Ministry clears deal for 6 submarines
- Defence Acquisition Council (DAC) has approved the issuance of a Request For Proposal (RFP) for the construction of 6 Conventional Submarines under Project P 75 (I) under the Strategic Partnership (SP) Model.
- These 6 indigenously constructed conventional submarines are equipped with the state-of-the-art Air Independent Propulsion system at an estimated cost of Rs 43,000 crore.
- With this approval, India would be enabled to achieve its 30-year submarine construction programme envisioned by the government to acquire national competence in their building and for Indian industry to independently design and construct them.
- The SP model of the Defence Procurement Procedure (DPP) aims to promote the role of Indian industry in manufacturing and build a domestic defence industrial ecosystem.