Latest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: Centre gives clearance to Defence Ministry, MDL to begin negotiations for Rs 70,000 crore submarine deal – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
    • Home 1
  • Categories
  • Legal Talk
  • Bookmarks
  • More Foxiz
    • Sitemap
Follow US
Copyright © 2014-2023 Ruby Theme Ltd. All Rights Reserved.
Latest World News Update > Blog > National > Centre gives clearance to Defence Ministry, MDL to begin negotiations for Rs 70,000 crore submarine deal – World News Network
National

Centre gives clearance to Defence Ministry, MDL to begin negotiations for Rs 70,000 crore submarine deal – World News Network

worldnewsnetwork By worldnewsnetwork Last updated: August 24, 2025 3 Min Read
SHARE

By Ajit Dubey
New Delhi [India], August 24 (ANI): After being stuck for over six months, the Centre has given clearance to the Defence Ministry and Mazagaon Dockyards Limited to begin negotiations for the deal to buy six submarines to be built in India with German support under ‘Project 75 India.’
The Defence Ministry had selected state-owned MDL for building six submarines with Air Independent Propulsion systems with German ThyssenKrupp Marine Systems as its partner in January.
Speaking to ANI, Defence officials said, “The Centre has now given clearance to the Defence Ministry and the MDL to begin negotiations for the project, and the process is expected to start by the end of this month.”
The Centre took the decision after a very high-level meeting, including top defence and national security functionaries, who discussed the roadmap and future of the country’s submarine fleet, they said.
The Defence Ministry and the Indian Navy are expecting to conclude contract negotiations in the next six months and get final approval for it. Through the contract, the Defence Ministry aims to develop indigenous capability for designing and manufacturing conventional submarines within the country.
The government is also exploring ways to accelerate the submarine building process. The Indian Navy is looking to buy six advanced submarines with the ability to stay underwater for three weeks under Project 75 India, and the German AIP would allow it to do so.
The Indian industry is also working on building two nuclear attack submarines, where private sector giant Larsen and Toubro would play a big role, along with the Submarine Building Centre. Against the backdrop of the rapid modernisation of the Chinese Navy, the Indian government has cleared numerous submarine projects, including both nuclear and conventional ones. However, India must rapidly develop the desired capabilities to counter both China and Pakistan in its area of interest.
The Indian Navy is likely to phase out around 10 of its submarines in the next decade and would require their replacements in the same timeframe. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Previous Article Exclusive Business Chamber ‘The Imperial’ Inaugurated at Belvedere Golf and Country Club in Adani Shantigram – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FacebookLike
TwitterFollow
PinterestPin
InstagramFollow

Subscribe Now

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
Most Popular
Haryana CM Nayab Singh Saini flags off Dabwali Youth Marathon in Sirsa – World News Network
August 24, 2025
Uttarakhand CM Dhami directs officials to study disaster patterns, ensure immediate relief in Tharali – World News Network
August 24, 2025
Centre gives clearance to Defence Ministry, MDL to begin negotiations for Rs 70,000 crore submarine deal – World News Network
August 24, 2025
UP: 1 dead, 2 injured after man attacks family in Siddharthnagar – World News Network
August 24, 2025
“It can’t get worse than this”: Tannishtha Chatterjee opens up on battling with stage-4 oligometastatic cancer – World News Network
August 24, 2025

You Might Also Like

India, with its resilience and strength, stands as beacon of hope for world: PM Modi – World News Network

3 Min Read

TN ambulance drivers seek action against Palaniswami over remarks – World News Network

3 Min Read

UP CM Yogi addresses grievances of citizens at ‘Janata Darshan’ in Gorakhpur – World News Network

3 Min Read

“Strict action will be taken…”: Madhya Pradesh minister after tiger death in Narmadapuram – World News Network

3 Min Read
Latest World News Update
Copyright © 2024 World News Network. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?