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India Is About to Sign an $8 Billion Submarine Deal With Germany. Here's Why It Took 25 Years.
India's Project 75(I) submarine programme — first conceived in the late 1990s — is now in its final stages of approval, with an approximately $8 billion deal for six conventional submarines from Germany's TKMS expected to be signed within weeks following Finance Ministry clearance on May 28, and the new Navy Chief assuming charge May 31. ₹70,000+ Cr ($8 Bn) 25+ years 6 45 Project 75(I) total contract value Time from original conception to near-final approval Conventional subm

Thoughts Initiative Team
May 293 min read
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