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Project 75 (I) – Competition Increases as HSL Consortium Joins In

Defence Acquisition Council (DAC) approved the indigenous construction of six submarines for the Indian Navy at a cost estimated over Rs. 40,000 crores.Named Project 75(I), this project is envisaged by the Ministry of Defence as a major boost to the existing submarine design and manufacturing eco-system in India, through the transfer of design and equipment technology, as well as necessary skills and know-how. The MoD also expects Project 75 (I) to stimulate the defence manufacturing industry under the government’s ‘Make in India’ programme.This is the second project under the MoD’s ambitious Strategic Partnership (SP) which envisions India as a manufacturing hub for defence equipment through transfer of niche technologies and higher indigenous content, thereby enhancing self-sufficiency for meeting the future requirements of the Armed Forces. Under the SP model, an Indian Strategic Partner.................

 

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