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Govt clears mega naval plan to build 6 submarines
Last Updated: Fri, Jun 4th, 2021, 13:43:33hrs
New Delhi: The Defence Ministry on Friday cleared a mega project to build six conventional submarines for the Indian Navy at a cost of around Rs 43,000 crore, a decision aimed at narrowing the gap with growing naval prowess of China, government sources said.
The decision was taken at a meeting of the Defence Acquisition Council chaired by Defence Minister Rajnath Singh.
The DAC is the Defence Ministry s highest decision-making body on procurement.
The sources said the Request for Proposal for the make-in-India project named P-75 India will be issued soon.
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