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India Finalizes Two Major Submarine Deals Worth Over $12 Billion to Counter China's Naval Expansion

India Finalizes Two Major Submarine Deals Worth Over $12 Billion to Counter China's Naval Expansion

India is set to take a significant step towards further strengthening its naval capabilities. In view of China's growing maritime power, India is preparing to finalize two major submarine deals worth over one lakh crore rupees by mid-next year.

New Delhi: India has prepared to take a significant step towards further strengthening its naval power. To challenge China's growing maritime strength, India is going to finalize two major submarine deals worth over one lakh crore rupees by mid-next year. These will include three Scorpene-class submarines and six diesel-electric stealth submarines. The first deal is for Scorpene-class submarines, which will be jointly produced by 'Mazagon Dock Limited' (MDL) and France's defense company 'Naval Group'.

Through these deals, India will not only strengthen the security of its maritime borders but also deepen its strategic hold in the Indian Ocean region. Since Operation Sindhur, India has been rapidly expanding its defense sector, and with these new submarines, it will be fully prepared to give a tough fight to adversaries at sea.

Deal for Scorpene-Class Submarines

The first deal is for three Scorpene-class submarines. These will be manufactured with the collaboration of Mumbai-based 'Mazagon Dock Limited' (MDL) and France's defense company 'Naval Group'. The estimated cost of this deal is around Rs 36,000 crore. The Ministry of Defence had approved this deal two years ago, but it was delayed due to lengthy negotiations on technical and financial terms. Indications are now emerging that this deal may be completed soon, and the Indian Navy will receive new submarines equipped with state-of-the-art technology.

Mega Deal for Diesel-Electric Stealth Submarines

The second and larger deal will be for six diesel-electric stealth submarines. The estimated cost of this deal is said to be approximately Rs 65,000 crore. Germany's leading shipbuilding company 'ThyssenKrupp Marine Systems' (TKMS) and India's 'Mazagon Dock Shipbuilders Limited' will partner in the construction of these submarines.

According to sources, negotiations on the cost and technical aspects of the deal will begin soon, and it may take six to nine months to finalize the entire contract.

Why is This Step Necessary?

The Indian Navy is currently operating with approximately 16 submarines, including both nuclear and diesel-electric ones. However, China possesses a significantly larger number of submarines and warships. China is continuously expanding its navy to strengthen its hold in the Indo-Pacific region. Experts believe that India needs to increase the number and capability of its submarines to achieve balance at sea and secure its strategic position.

India has recently begun rapid expansion in its defense sector following 'Operation Sindhur'. The increase in naval power is a clear message not only to China but also to other rival nations that India is fully prepared to face any challenge at sea.

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