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Germany, India near deal for 6 subs: Why this is significant for Delhi
FirstpostGermany is in a “good place” in the race to build six submarines for India, said the European giant’s Defence Minister Boris Pistorius after he held long-ranging talks with India’s Rajnath Singh during his four-day visit to the country. He also indicated Germany’s approach to intensify defence ties with India while noting Europe’s reluctance to deliver weapons to India that he said made New Delhi look towards Russia. Six German subs in Rs 43,000 crore deal Germany’s ThyssenKrupp Marine Systems is looking to bag a contract to build six submarines for India in a Rs 43,000 crore deal. Speaking on the same, Pistorius said, “We are talking about a deal of TKMS… about six submarines but of course the procedure is not finished yet but I think the German industry is at a good place in that race.” Also read: Why Germany should pursue defence ties with India independent of anti-Russia alliance “We support the ‘Make in India’ principle favoured by India.
History of this topic
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Rs 43K-crore for Make in India' submarines
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India to start bidding process by Oct to procure 6 submarines costing ₹55,000 cr
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