Defence Ministry Finds L&T Proposal Non-Compliant In ₹70,000 Crore Submarine Deal
The Defence Ministry of India has rejected the proposal from Larsen & Toubro (L&T) in the ₹70,000 crore submarine deal, deeming it non-compliant with the requirements set by the Indian Navy. This decision was made public on January 23, 2025, and follows L&T’s partnership with Spanish firm Navantia in their bid to supply six advanced submarines under Project 75 India, which aims to
The Defence Ministry of India has rejected the proposal from Larsen & Toubro (L&T) in the ₹70,000 crore submarine deal, deeming it non-compliant with the requirements set by the Indian Navy. This decision was made public on January 23, 2025, and follows L&T’s partnership with Spanish firm Navantia in their bid to supply six advanced submarines under Project 75 India, which aims to
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