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Navy to build 6 submarines
Why is it in news?
- The Navy issued an ‘Expression of Interest’ for shortlisting potential strategic partners for the construction of six P-75 (I) submarines costing nearly Rs. 45,000 crore.
More in news
- 2nd project under the SP Model: This is the second project being undertaken under the latest Strategic Partnership (SP) Model, with the 1st being the procurement of 111 naval utility helicopters (NUH).
- Boost to indigenous design and construction capability: This will provide a major boost to the indigenous design and construction capability of submarines in India, in addition to bringing in the latest submarine design and technologies as part of the project.
- Initiative under ‘Make in India’: It will be carried out under ‘Make in India’ initiative.
- Process progress:(1) The case was approved by the Defence Acquisition Council on January 31.(2) The Expression of Interest (EoI) for shortlisting of Indian strategic partners has been uploaded on the Defence Ministry and Navy websites.(3) The SPs in collaboration with OEMs have been mandated to set up dedicated manufacturing lines for these submarines in India with an aim to make India the global hub for submarine design and production.(4) All six submarines under this project will be built in India by the selected Indian Strategic Partner in collaboration with the selected OEM.(5) In addition, the Navy will have the option to manufacture six more submarines under the project.
- Big push: The project would not only aid in boosting the core submarine and the ship building industry but also greatly enhance the manufacturing, industrial sectors, especially the medium, small and micro enterprises, by development of an industrial eco-system for manufacture of associated spares, systems, and equipment related to submarines.
Source
The Hindu