Indian defence chiefs have approved $11bn of funds to boost the country's submarine fleet. The cash is intended to see India become the first non-Western nation to deploy long-touted, much feared "air independent propulsion" (AIP) submarine technology.
The Times of India reports that 50,000 crores of rupees (500 billion rupees, roughly US$11bn) has been allocated by the Defence Acquisition Council chaired by Defence Minister A K Antony to the "Project-75 India" (P-75I) programme intended to deliver six new submarines.
According to the paper, "all the six new submarines will be equipped with air-independent propulsion (AIP) systems to boost their operational capabilities".
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