A Spanish shipbuilder has announced plans to hold an industry event on April 21 as part of its campaign to sell six advanced submarines to the Indian Navy.
Navantia, which is regarded as the fifth-largest shipbuilder in Europe, is offering its S-80 Plus submarine design to the Indian Navy as part of the latter’s Project-75I programme. In January, the ministry of defence shortlisted five foreign companies and two Indian shipyards for the Project 75I programme. Navantia was among the shortlisted foreign companies. Project 75I envisages the construction of six diesel-electric submarines that will be capable of extended underwater endurance and have the capability to fire land-attack missiles. The project has an estimated cost of about $7 billion. Read More…