Germany to pursue $5.2-billion deal with India to build 6 submarines
Tags: Defence International News
Germanywill sign a $5.2 billion deal to jointly build six conventional submarines with India during German Chancellor Olaf Scholz's visit to India on February 25-26.
An overview of the news
The naval project is the latest attempt by the Western military manufacturing power to end India's dependence on Russia for military hardware.
India is looking to replace 11 of its 16 conventional submarines that are more than two decades old, as it seeks to counter China's growing presence in the Indian Ocean.
The Indian Navy also has two indigenous nuclear-powered submarines.
Germany's ThyssenKrupp Marine Systems (TKMS) is one of the two international bidders for the submarine project Berlin will back the deal.
Under the deal, a foreign submarine maker will have to partner with an Indian company to build submarines in India.
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