Navy hoped to finalise contract before 31 March this year, it is learnt. The additional Scorpenes are expected to be larger, more capable in terms of endurance & firepower than existing 6.
In a post on X, Mazagon said its vision is aligned with 'Maritime Amrit Kaal Vision 2047' while it works to become a 'regional maritime player' from a 'domestic shipbuilder'.
The new submarines will see certain design changes and will be similar to the one being supplied to Brazilian Navy. This also makes the 3 slightly larger than the previous 6.
With Beijing also developing various facilities, including a naval base, around the Indian Ocean rim, India’s navy will be challenged in its home waters before long.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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