The Defence Ministry on Thursday approved construction of six submarines for the Indian Navy at a cost of over Rs 40,000 crore.
According to officials, the key decision was taken at a meeting of the Defence Acquisition Council, the defence ministry’s highest decision making body on procurement.
The project will be implemented under the strategic partnership model which provides for roping in private firm to build select military platforms in India in partnership with foreign defence manufacturers, the officials said.
Source:ITVN
Image Courtesy:Tech2
You may also like
-
DRDO, IAF to Conduct PGB-500 Carriage and Release Trials from Su-30MKI in September–October 2026
-
IAF Plans Next Generation of 360° AWACS as India Expands Indigenous Airborne Surveillance Capability
-
Territorial Army Launches ‘Terrier Cyber Quest 2026’ to Tackle Cyber and AI Security Challenges
-
IAF Expands 3D Printing for Critical Aircraft Spares as Additive Manufacturing Moves Into Operational Use
-
Indian Army Reportedly Seeks 2,405 FPV Drone Anti-Armour Payloads for Northern Command
