11.06°C Vancouver
connect fm logo

Jul 20, 2021 9:24 AM -

India issues tender for Rs 50,000 crore project to build six submarines

Share On
india-issues-tender-for-rs-50-000-crore-project-to-build-six-submarines
India issues tender for Rs 50,000 crore project to build six submarines

In a major boost for the Indian Navy and Make in India, the Defence Ministry on Tuesday issued a tender expected to be worth around Rs 50,000 crores for building six conventional submarines under Project-75 India.

"The tender has been issued today for the construction of the six conventional diesel-electric submarines within the country. The tender has been issued to the Mazagon Dockyards Limited and Larsen and Toubro," Defence sources told ANI.

The two Indian companies identified as the strategic partner would now select one partner each from the five global original equipment manufacturers including firms from France, Germany, Russia, South Korea and Spain, they added.

Clearance for issuing the tender or the request for proposal (RFP) was given in a meeting of the defence acquisition council chaired by Defence Minister Rajnath Singh on June 4.

Under Project 75-India, the Navy will build six conventional diesel-electric submarines that would be bigger than the under-construction Scorpene-class submarines being built at the Mazagon Dockyards Limited in Mumbai.

The submarines would be equipped with heavy-duty firepower so that the boats will have at least 12 Land Attack Cruise Missiles (LACM) along with Anti-Ship cruise missiles (ASCM).

The project is being carried out under the strategic partnership model which aims at promoting India as a manufacturing hub for defence equipment, in addition to establishing an industrial and R&D eco-system capable of meeting the future requirements of the Armed Forces besides giving a boost to exports.

Latest news

See All
mark-carney-announces-november-tour-of-europe-and-asia-to-boost-trade-and-investment
CanadaNov 04, 2026

Mark Carney Announces November Tour of Europe and Asia to Boost Trade and Investment

Canadian Prime Minister Mark Carney has announced an international tour of Europe and Asia from November 11 to 19, aimed at expanding trade and attracting new investment. During the visit, Carney will travel to Ireland, the Philippines, Cambodia and China. He will begin his tour in Dublin, where he will attend the European Political Community Summit. Discussions are expected to advance efforts to make Canada the European Union’s first associate member. Carney will then travel to Manila to attend the ASEAN Summit as a guest, where the ASEAN-Canada Free Trade Agreement is expected to be finali
alberta-premier-danielle-smiths-popularity-declines-following-referendum
AlbertaNov 04, 2026

Alberta Premier Danielle Smith’s Popularity Declines Following Referendum

Alberta Premier Danielle Smith’s popularity has taken a hit following the province’s recent referendum, although she continues to enjoy strong support among her party’s voters. According to a survey, 59 per cent of Albertans are dissatisfied with Smith’s performance, while 39 per cent approve of her leadership. Experts believe the referendum debate over the past 18 months has diverted attention from issues that could have benefited the government. Her approval rating has reportedly dropped by around six percentage points. NDP Leader Naheed Nenshi has a slightly higher approval rating,
CanadaNov 04, 2026

China Extends Tariff Relief on Canadian Lobster, Crab and Canola Meal Until 2028

Canada’s Minister of International Trade, Maninder Sidhu, has announced that China will extend tariff relief on Canadian lobster, crab, peas and canola meal for another two years, until 2028. Sidhu said the agreement was originally set to expire at the end of this year but has now been extended for an additional two years. The announcement follows Prime Minister Mark Carney’s visit to Beijing in January. In March, China reduced tariffs on Canadian canola meal, while Canada lowered tariffs on certain Chinese steel and aluminum products, allowing them to enter the Canadian market. Sidhu is c
canadas-trade-diversification-agenda-unchanged-despite-u-s-election-results
CanadaNov 04, 2026

Canada’s Trade Diversification Agenda Unchanged Despite U.S. Election Results

Canada’s Trade Minister Dominic LeBlanc has reaffirmed that Ottawa’s trade diversification agenda will not be derailed by the results of the U.S. midterm elections. He said only Americans have the right to explain what issues influenced voters’ decisions, adding that Canada has no say in the matter. Meanwhile, Ontario Premier Doug Ford warned against assuming that the Democratic Party’s clean sweep means the trade war is over. He stressed that U.S. President Donald Trump still has full powers to impose tariffs and make trade-related decisions. However, Ford described the Democratic vic
carney-confirms-trade-talks-with-u-s-underway-since-weekend
CanadaNov 04, 2026

Carney Confirms Trade Talks With U.S. Underway Since Weekend

Prime Minister Mark Carney has confirmed that trade talks with the United States have been underway since the weekend, following a phone conversation with U.S. President Donald Trump last week. Speaking to reporters during his visit to Antigua and Barbuda, Carney said negotiations on a potential trade deal began after the call. He added that Washington had scaled back some of its demands, removing several key Canadian red lines from the discussions. These include Canada's laws protecting the French language and its right to independently negotiate free trade agreements with other countries. Me

Related News

Punjab Government Accepts Major Demands in Jhotta Murder Case

Punjab Government Accepts Major Demands in Jhotta Murder Case

An agreement has been reached between the Punjab government and the Justice Action Committee following a lengthy meeting over the killing of anti-drug activist Parvinder Singh Jhotta in Mansa. Under the agreement, the government has accepted all major demands except the call for the resignations of Chief Minister Bhagwant Mann and DGP. Following the agreement, Jhotta’s family has agreed to perform his last rites. It was also decided that his post-mortem examination will be conducted at PGI Chandigarh on November 6. The agreement was reached during a meeting with Punjab Assembly Speaker Kulta
ED Raids AAP MLA Dr. Amandeep Kaur Arora’s Residences in Punjab

ED Raids AAP MLA Dr. Amandeep Kaur Arora’s Residences in Punjab

The Enforcement Directorate (ED) on Wednesday conducted raids at two residences linked to Aam Aadmi Party (AAP) Moga MLA and Punjab women’s wing president Dr. Amandeep Kaur Arora. The searches also extended to Ashirwad Mental Health and Drug De-addiction Private Hospital in Bagha Purana, in which she is a partner, and her parental village of Chandumajra near Patiala. Dr. Arora was present at her residence during the raids, where ED officials questioned her. The action comes months ahead of the 2027 Punjab Assembly elections, with AAP having already announced her candidature from the Moga con
Transfer of Jagtar Singh Hawara to Punjab Jail Could Impact Assembly Polls: IB

Transfer of Jagtar Singh Hawara to Punjab Jail Could Impact Assembly Polls: IB

The Intelligence Bureau (IB) on Tuesday told the Supreme Court that transferring Jagtar Singh Hawara, convicted in the assassination of former Punjab Chief Minister Beant Singh, from Delhi’s Tihar Jail to any prison in Punjab could have a significant impact on the upcoming Assembly elections. The IB also informed the court that Hawara falls under the high-risk category and cannot be shifted to Punjab. Appearing for Hawara, senior advocate argued that if the elections were a concern, the matter could be heard after three months. The Supreme Court subsequently adjourned the matter and schedule
connect fm logo

Legals

Privacy policy
Journalism code of ethics
© 2021 AKASH Broadcasting Inc.
MANAGED BY STRATWIT

useful links

About
Advertisers
Careers
Contact
Feedback
Accessibility Plan
Broadcasting Notice of Consultation
BC Children's Hospital
Android app linkApple app link