The Indian Government has issued an expression of interest (EoI) to identify interested domestic companies to build six conventional submarines under the national navy’s Project 75-I.
The Rs450bn ($6.45bn) P-75(I) project is a big boost to the government’s Make in India programme.
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India’s P-75(I) project is the second project to reach out to private firms under the latest Strategic Partnership (SP) Model.
Earlier, the government invited companies for the procurement of 111 Naval Utility Helicopters (NUH) for the navy through an EoI in February.
In a statement, the Ministry of Defence (MoD) said: “This would provide a major boost to the indigenous design and construction capability of submarines in India, in addition to bringing in the latest submarine design and technologies as part of the project.”
The MoD will roll-out another EoI to shortlist original equipment manufacturers (OEMs) for the project in two weeks.
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By GlobalDataThe selected Indian SP and the OEM will work in partnership to construct the submarines in India.
Chosen Indian SPs are also required to establish dedicated manufacturing lines for these submarines in India to domestically build all six vessels under the P-75(I) project in partnership with the foreign firm.
Furthermore, the project includes an option to manufacture a further six submarines.
The MoD added: “The project would not only aid in boosting the core submarine/ shipbuilding industry but would also greatly enhance manufacturing / industrial sector, especially the MSMEs by development of an industrial eco-system for manufacture of associated spares/ systems/ equipment related to submarines.”
Indian companies looking to participate in this Make in India project will have to respond to the EoI within two months.
Following responses, the government will consider eligibility criteria such as the capability for integration of systems, experience in shipbuilding and financial strength.
