Defence ministry invites private players to build 6 submarines.

• Position: India's Ministry of Defence - Brief article

The Indian Navy has issued an Expression of Interest (EoI) for shortlisting potential strategic partners for the construction of six P-75 (I) submarines, the defence ministry said on Thursday. A major boost to the 'Make In India' initiative, the project would cost nearly Rs 45,000 crore.

"As a major initiative towards 'Make in India', the government immediately on taking over has issued the Expression of Interest(s) for shortlisting of potential Indian Strategic Partners (SPs) for "Construction of six Conventional Submarines" for P-75(I) Project of the Indian Navy on June 20," the Navy said.

The government with this programme under its flagship Make in India initiative has taken a decisive step towards developing advanced submarines for the naval branch of the Indian armed forces. This is the second such project undertaken by the NDA government under the latest Strategic Partnership (SP) Model where private players are invited to bid for a major...