Two European defense manufacturing giants are seeking to win a 400 billion rupee ($4.8 billion) order to build submarines in India as the South Asian nation looks to strengthen its navy to counter China's expanding naval presence in the
Indian officials are currently evaluating competing bids to build six of the vessels in the country, senior Indian officials aware of the developments said, asking not to be named because discussions are private. One bid is from Germanys Thyssenkrupp AG along with Mumbai-based Mazagon Dock Shipbuilders Limited, with the other was submitted by Spains Navantia in partnership with private shipyard Larsen & Toubro, the people said.
Germany, Spain in Contest for $4 8 Billion Indian Submarine Deal bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
India Business News: Indian officials are currently evaluating competing bids to build six of the vessels in the country, senior Indian officials aware of the developments
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