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Thursday, May 28, 2015

Govt-to-govt deal on submarines

INS Shishumar Type 209/1500India has sounded out Germany for a direct government-to-government deal to buy six submarines, bypassing a competitive bidding process in what could be New Delhi's costliest military acquisitions programme.

The Indian Navy is now in the middle of finalising the specifications for and choosing a shipyard for its P75i programme to acquire six conventional submarines. The submarines must be capable of firing missiles to attack targets on land and must have air independent propulsion (AIP) that gives them more endurance to stay underwater.

The total cost of the project could top $11 billion (approximately Rs 66,000 crore).

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