India Fast-Tracks $8B AIP Submarine Deal To Counter Pakistan’s Chinese Yuan Fleet
The Defence Ministry is poised to seek approval from the Cabinet Committee on Security (CCS) for the construction of six advanced air-independent propulsion (AIP) submarines under Project 75 India.This ambitious initiative, valued at approximately $8 billion or ₹66,000 crore, will be executed primarily at Mazagon Dock Shipbuilders Limited (MDL) with technical support from Germany’s ThyssenKrupp
The Defence Ministry is poised to seek approval from the Cabinet Committee on Security (CCS) for the construction of six advanced air-independent propulsion (AIP) submarines under Project 75 India.This ambitious initiative, valued at approximately $8 billion or ₹66,000 crore, will be executed primarily at Mazagon Dock Shipbuilders Limited (MDL) with technical support from Germany’s ThyssenKrupp
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