Mazagon Dock in advanced talks with Indian Navy for Rs 35,000-cr submarine deal

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State-owned Mazagaon Dockyard is reportedly in advanced discussions for a potential Rs 35,000-crore deal with the Indian Navy...

According to a report in The Economic Times, the deal is to boost Indias underwater strength by acquiring additional Kalvari-class (Scorpene) submarines for the Navy..

These submarines will be larger than their predecessors, the report stated, as well as equipped with modern features..

The new submarines would have at least 60 per cent indigenous content, with a large chunk going to the Indian submarine suppliers and the MSME sector...

MDL is expected to gain significant technology transfer that would enable future submarines of the class to be fully designed, developed and manufactured indigenously...