Defence ministry shortlists firms for Rs 50,000 crore submarine project

Defence ministry shortlists firms for Rs 50,000 crore submarine project

The shortlisted Indian entities to construct the submarines, being billed as one of biggest ‘Make in India’ projects, are L&T group and state-owned Mazagaon Docks Ltd (MDL), official sources said
Current Affairs:In a huge move, the protection service on Tuesday shortlisted two Indian shipyards and five remote resistance majors for the Rs 50,000 crore task to manufacture six ordinary submarines in India for the Navy other than affirming military obtainment worth Rs 5,100 crore.
The shortlisted Indian elements to build the submarines, being charged as one of greatest ‘Make in India’ ventures, are L&T gathering and state-possessed Mazagaon Docks Ltd (MDL), official sources said.
Adani Defense, which was a solid contender for the task, named as P-75 I, neglected to make the cut after a point by point assessment of qualification criteria by a powerful board, they said.
The uber venture is being executed under the goal-oriented key association model under which select private firms are being roped in to assemble military stages like submarines and warrior streams in India in organization with unique gear producer.
The choices on the submarine undertaking and obtainment of military hardware were taken at a gathering of the Defense Acquisition Council (DAC) led by Defense Minister Rajnath Singh and went to by Chief of Defense Staff Gen. Bipin Rawat.
The five worldwide resistance majors chose by the panel for the P-75I undertaking included – ThyssenKrupp Marine Systems (Germany), Navantia (Spain) and Naval Group (France).

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