A tussle has erupted over the biggest ‘Make in India’ project after Indian navy refrained from going ahead with a joint public-private bid while the defence ministry has emphasised that such teaming arrangements should be considered, as per procurement guidelines.
At the centre of the controversy is the Rs 45,000-crore submarine contest for the Navy—referred to as P 75I—that will see the winning Indian entity producing six submarines domestically with a foreign technology partner. The contract is being processed under the ‘strategic partnership model’. Read More…
