After Sweden’s SAAB, Now Another Foreign Firm Likely to Exit Navy’s Submarine Project

In what could be yet another setback to the ambitious strategic partnership (SP) initiative for building six conventional submarines, a second foreign firm is considering the possibility of pulling out of Project 75 India (P-75I) after Swedish firm SAAB.

While the company had responded to the defence ministry’s Expression of Interest (EOI) earlier, sources in the firm have told ThePrint that it has found the project “completely complicated”.Read More…