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Wednesday, April 10, 2013

Germans may find it hard to sell their subs

KSS-II / Type 214 |Questions have arisen about the efficacy of German submarines just before Prime Minister Manmohan Singh and Chancellor Angela Merkel sit down for talks in Berlin late this week when arms trade will be a certain, but underplayed, segment of the discussions.

A submarine tender is too lucrative one to covet and like all big ticket military hardware deals, sees tremendous undercutting of the rival’s position. This time the contest among French, German and Russian submarines promises to be no different.

The last tender, close to Rs. 20,000 crore, was bagged by the French. The Germans were not considered due to a corruption charge that was rejected by the courts here.

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