Leading naval manufacturer Naval Group has confirmed that it is in touch with both the Indian shipyards shortlisted for the ambitious P 75I submarine contract but believes that an exclusive arrangement needs to be worked out to take ahead the project.
The Rs 45,000 crore project has recently moved onto the next step with the shortlisting of two Indian shipyards – MDL and L&T – and five foreign companies they can collaborate with to acquire design and manufacturing technology.Read More…
