The record
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- Germany and India are finalizing a $7.5 billion government-to-government agreement for the construction of six submarines in India.
- The deal involves collaboration between Thyssenkrupp Marine Systems and Mazagon Dock Shipbuilders to build vessels equipped with air-independent propulsion systems.
- Germany has completed its internal approval processes and is now waiting for the Indian Cabinet Committee on Security to provide the final go-ahead.
- This project is expected to enhance India's underwater naval capabilities and mark a significant step in the defense industrial partnership between the two nations.
Who said what2
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Jasper Wieck
German envoy
2 quotes · 1 outlet
“The government has agreed to all the documents that have been worked on, in particular, the inter-governmental agreement which is very ambitious and very forward-leaning with regard to Indian requests.”
In the article
…in meeting India’s requests, and the deal can pave the way for enhanced cooperation on other defence systems, Wieck told a media briefing. Noting that everything has been cleared on the German side, Wieck said: “ The government has agreed to all the documents that have been worked on, in particular, the inter-governmental agreement which is very ambitious and very forward-leaning with regard to Indian requests. “From the German side, we could sign tomorrow. So, it is up to the Indian side, I think it’s the Cabinet Committee on Security that has to give its final approval and this is still awaited.” Germany’s Thyssenkrupp…
“From the German side, we could sign tomorrow. So, it is up to the Indian side, I think it’s the Cabinet Committee on Security that has to give its final approval and this is still awaited.”
In the article
…Wieck said: “The government has agreed to all the documents that have been worked on, in particular, the inter-governmental agreement which is very ambitious and very forward-leaning with regard to Indian requests. “ From the German side, we could sign tomorrow. So, it is up to the Indian side, I think it’s the Cabinet Committee on Security that has to give its final approval and this is still awaited. ” Germany’s Thyssenkrupp Marine Systems (TKMS) and India’s state-owned Mazagon Dock Shipbuilders will join hands to build six submarines in India, marking the first big-ticket defence deal between the two countries in…
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Coverage1
All filed from India
Named Germany · India · Indian Navy · Cabinet Committee on Security · Jasper Wieck · Mazagon Dock Shipbuilders · ThyssenKrupp Marine Systems
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