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Sunday, June 28, 2015

Germany hopeful of bagging submarine project

U214 class SSKHopeful of bagging the Rs 50,000 crore project of the Indian Navy for building six conventional submarines, Germany has said that it has offered some "pretty convincing" business offers to the Indian government for cooperation in the defence sector.

German Ambassador to India Michael Steiner said the P-75(I) project was under discussion and that the matter also came up during German Defence Minister Ursula von der Leyen's visit here last month.

"They did not talk about how this deal should be done...whether this should be Business-to-Business or Government-to -Government. But as our Minister said, from these talks, it was a clear sign that there is potential for cooperation in this field (defence) and also in the field of submarines," he said while speaking to reporters on the sidelines of an event here last night.

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