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₹70,000 Crore Defense Deal Gets Green Light: Germany Completes Internal Process.
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News18•27-09-2026, 13:43
₹70,000 Crore Defense Deal Gets Green Light: Germany Completes Internal Process.
- •Good news emerges regarding the ₹70,000 crore defense deal between India and Germany for P-75I AIP submarines.
- •Germany has completed its internal administrative process for the proposed Project-75I deal and awaits final approval from India's Cabinet Committee on Security (CCS).
- •Under the agreement, Germany's ThyssenKrupp Marine Systems (TKMS) and India's Mazagon Dock Shipbuilders Limited (MDL) will jointly build six submarines in India.
- •Project P-75I is crucial for expanding the Indian Navy's submarine capabilities, featuring Air-Independent Propulsion (AIP) systems for extended underwater endurance.
- •Germany has changed its policies regarding defense technology export for India, adopting a more cooperative stance on technology transfer in military equipment.
Key Questions Answered
Germany has completed its internal administrative process for the proposed Project-75I deal with India to supply six state-of-the-art conventional submarines, worth approximately $8 billion or about ₹70,000 crore.
Under the proposed agreement, Germany's ThyssenKrupp Marine Systems (TKMS) and India's public sector company Mazagon Dock Shipbuilders Limited (MDL) will jointly build the six submarines in India.
The submarines will feature an Air-Independent Propulsion (AIP) system enabling them to stay submerged for two to three weeks without detection. The first submarine is expected to be delivered approximately 7 years after contract signing, followed by the remaining five annually.
