The L&T-Navantia bid failed to meet technical requirements. The deal, which will easily cost over Rs 70,000 crore, will see the German firm design a new submarine to cater to Indian needs.
Navy chief Admiral Dinesh Tripathi puts the spotlight on Pakistan's ambitious plan to be 50-ship strong in the next decade. Says operational plans are being tweaked with it in mind.
3 new Scorpène submarines are being built by Mazagon Dock Shipyard in partnership with France's Naval Group. Acquisition of Rafale M aircraft is under Inter-Governmental Agreement.
Spanish firm Navantia is looking to base its Asia operations in India, as Indonesia and Vietnam consider buying submarines from the company, it is learnt.
Rajnath Singh laid foundation stone for 2,900-acre Very Low Frequency (VLF) station in Telangana Tuesday. Apart from the new station, India has a VLF facility in Tirunelveli.
The first submarine under P75I is to be delivered in 7 years from the date of contract signing. So, if a contract is inked tomorrow, the first submarine will come by 2031 earliest.
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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