Boost for Navy as MoD clears Rs 43,000 cr mission to construct six submarines

Giving a fillip to the Navy, the Ministry of Defence (MoD) Friday cleared a mega mission to domestically construct six typical submarines geared up with state-of-the-art expertise at a price of round Rs 43,000 crore.
The submarines will probably be constructed below the much-talked-about strategic partnership mannequin that enables home defence producers to affix palms with main international defence majors to supply high-end navy platforms to cut back import dependence.

The DAC additionally accepted problem of RFP for building of six Conventional Submarines below Project P 75 (I) below the Strategic Partnership (SP) Model. This mission envisages indigenous building of six typical submarines at an estimated value of Rs 43,000 cr.
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The Ministry additionally accepted proposals regarding the acquisition of varied tools for modernisation and operational wants of the armed forces amounting to Rs 6,000 crore.
The selections had been taking taken at a gathering of the Defence Acquisition Council (DAC) chaired by Defence Minister Rajnath Singh. The DAC is the Defence Ministry’s highest decision-making physique on procurement.
“This is a landmark approval, being the first case processed under the Strategic Partnership model. This would be one of the largest ‘Make in India’ projects and will serve to facilitate faster and more significant absorption of technology and create a tiered industrial ecosystem for submarine construction in India,” the MoD stated in an announcement.

The authorities additionally stated that from a strategic perspective, the choice will assist scale back present dependence on imports and progressively guarantee larger self-reliance.
According to PTI, the mission will probably be applied in a interval of round 12 years and the ultimate value might go up relying on the weapons techniques to be included into the stealth submarines.

The DAC additionally accepted the issuance of the Request for Proposal (RFP) or tender to shipbuilder Larsen & Toubro (L&T) and state-owned Mazagaon Docks Ltd (MDL), the company reported citing sources.
The council additionally prolonged the timelines for procuring pressing capital acquisitions below the delegated powers to the armed forces as much as August 31, 2021. “This will enable the Armed Forces to complete their emergent and critical acquisitions,” the discharge stated.
The Indian Navy plans to accumulate 24 new submarines, together with six nuclear assault submarines, to bolster its underwater preventing functionality. It at present has 15 typical submarines and two nuclear submarines.
(Inputs from PTI)