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The Hindu
The Hindu
National
Dinakar Peri

DPSU MDL and German TKMS team up to bid for Navy’s mega submarine deal

MDL TKMS Boris Pistorius India

Public sector defence shipyard Mazagon Dock Shipbuilders Limited (MDL) and German Original Equipment Manufacturer (OEM) Thyssenkrupp Marine Systems (TKMS) on Wednesday signed a Memorandum of Understanding (MoU) for partnering in submarine production in the presence of German Minister of Defence Boris Pistorius in Mumbai. They will now jointly bid for the Navy’s Project-75I to build six advanced submarines in India estimated over ₹45,000 crore.

“According to the MoU, TKMS would contribute to the engineering and design of the submarines as well as the consultancy support to this joint project and MDL would take responsibility for constructing and delivering the respective submarines,” a release from TKMS said. The construction of the submarines would take place in India and is expected to have significant local content, it stated.

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