India Aims to Finalize ₹1 Lakh Crore Submarine Deals by Mid-2026

1 min read     Updated on 31 Aug 2025, 06:22 PM
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Overview

India is advancing two major submarine procurement deals worth over ₹1 lakh crore, expected to be finalized by mid-2026. The first deal, valued at ₹36,000 crore, involves three Scorpene submarines in collaboration with Mazagon Dock Shipbuilders and French Naval Group. The second, Project 75 India, worth ₹65,000 crore, aims to acquire six diesel-electric stealth submarines, with ThyssenKrupp Marine Systems partnering with Mazagon Dock Shipbuilders. These deals signify India's commitment to strengthening its naval capabilities amid regional competition, particularly from China. The projects also align with India's push for self-reliance in defense manufacturing.

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*this image is generated using AI for illustrative purposes only.

India is making significant strides in bolstering its naval capabilities, with two major submarine procurement deals worth over ₹1 lakh crore expected to reach fruition by mid-2026. These deals underscore the nation's commitment to strengthening its underwater fleet amid growing regional naval competition.

Scorpene Submarine Deal

The first deal involves the acquisition of three Scorpene submarines, valued at ₹36,000.00 crore. This project is a collaborative effort between Mazagon Dock Shipbuilders , an Indian shipbuilder, and the French Naval Group. Despite receiving clearance from the defense ministry over two years ago, the deal has faced delays in technical and commercial negotiations. However, recent reports suggest that commercial negotiations are nearing completion, signaling progress in this crucial naval expansion.

Project 75 India: Stealth Submarines

The second and larger project, known as Project 75 India, involves the procurement of six diesel-electric stealth submarines at an estimated cost of ₹65,000.00 crore. This initiative, which received initial clearance in 2021, has seen German shipbuilder ThyssenKrupp Marine Systems partner with Mazagon Dock Shipbuilders. Cost negotiations for this ambitious project are set to commence soon and are expected to span six to nine months.

Timeline and Strategic Implications

Both submarine deals are anticipated to be finalized by mid-2026, marking a significant milestone in India's naval modernization efforts. Once the contracts are signed, the delivery of submarines under both projects is expected to begin approximately six years later.

This substantial investment in submarine technology comes as India seeks to enhance its underwater capabilities, particularly in light of China's expanding naval presence in the region. The addition of these advanced submarines will significantly boost the Indian Navy's strategic deterrence and operational capabilities in the Indian Ocean and beyond.

Economic and Industrial Impact

The combined value of these deals, exceeding ₹1 lakh crore, represents a major investment in India's defense sector. Moreover, the involvement of domestic shipyards like Mazagon Dock Shipbuilders in these projects aligns with India's push for self-reliance in defense manufacturing, potentially spurring technological advancements and creating high-skilled job opportunities in the naval defense industry.

As negotiations progress and timelines become clearer, these submarine deals are poised to play a crucial role in shaping India's naval strategy and defense capabilities for decades to come.

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India and Japan in Talks for Naval Ship Maintenance Collaboration

1 min read     Updated on 26 Aug 2025, 12:58 PM
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Overview

India's Foreign Ministry disclosed ongoing discussions between the Indian Navy and Japan regarding ship maintenance services. Mazagon Dock Shipbuilders Limited may play a significant role in this naval cooperation. The talks indicate growing maritime ties between India and Japan, potentially leading to enhanced interoperability, technology transfer, and strengthened strategic partnership in the Indo-Pacific region.

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*this image is generated using AI for illustrative purposes only.

India's Foreign Ministry has revealed ongoing discussions between the Indian Navy and Japan concerning ship maintenance services, with Mazagon Dock Shipbuilders Limited potentially playing a key role in this naval cooperation.

Naval Cooperation Talks

The Indian Foreign Ministry reported that talks are underway between the Indian Navy and Japan, focusing on ship maintenance services. These discussions highlight the growing maritime cooperation between the two nations and could potentially lead to significant developments in naval support and technology exchange.

Mazagon Dock's Potential Involvement

Mazagon Dock Shipbuilders Limited, a prominent Indian shipbuilding company, appears to be connected to these naval cooperation discussions. The company's expertise in shipbuilding and maintenance could be a crucial factor in the talks, potentially positioning it as a key player in future collaborative efforts between India and Japan in the naval sector.

Implications for Indo-Japanese Relations

This development signals a deepening of maritime ties between India and Japan. Collaboration in ship maintenance services could lead to:

  • Enhanced interoperability between the Indian and Japanese navies
  • Transfer of technology and best practices in naval ship maintenance
  • Strengthening of strategic partnership in the Indo-Pacific region

Mazagon Dock's Recent Activities

While not directly related to the Japan talks, it's worth noting that Mazagon Dock Shipbuilders Limited has been active in other areas of naval development. According to a recent clarification issued by the company to the stock exchanges:

  • Mazagon Dock's bid for Project P75W was qualified for the next stage of procurement by the Ministry of Defence.
  • The company's Commercial Bid for this project was opened by the empowered Committee.
  • However, the company stated that no negotiations have commenced with the Indian Navy or Ministry of Defence for this project since then.

This information underscores Mazagon Dock's ongoing involvement in significant naval projects, which could potentially complement its role in the India-Japan naval cooperation talks.

As these discussions progress, they may open new avenues for collaboration in the maritime domain between India and Japan, with companies like Mazagon Dock potentially playing a pivotal role in strengthening naval capabilities and fostering strategic partnerships in the region.

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