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India’s Largest Defence Agreement? New Delhi Nears $8 Billion Submarine Deal with Germany – Mazagon Dock’s Pivotal Role

India is nearing an $8 billion deal with Germany for the construction of six advanced conventional submarines, part of the long-anticipated Project 75I. This potential agreement marks one of the largest defense contracts in Indian history, reinforcing both naval capabilities and the Make in India initiative, with Mazagon Dock Shipbuilders Limited playing a crucial role in the project.

India’s Largest Defence Agreement? New Delhi Nears $8 Billion Submarine Deal with Germany – Mazagon Dock’s Pivotal Role

Credit: Timesnownews

Key Highlights

  • The deal is valued at approximately $8 billion for six submarines.
  • It is part of Project 75I, aimed at enhancing India's naval capabilities.
  • Negotiations are expected to be finalized by early 2026.
  • The agreement may surpass the $8.7 billion Rafale fighter jet deal from 2016.
  • Mazagon Dock Shipbuilders Limited is a key player in this initiative.
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Sources

  1. India’s Largest Defence Agreement? New Delhi Nears $8 Billion Submarine Deal with Germany – Mazagon Dock’s Pivotal Role

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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