German and Indian shipbuilders vie for Project 75I submarine contract
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- Total addressable market sizing ($)
- Competitor analysis
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- Market forecasting
- Growth identification
- Increasing closing ratio
- Increasing closing order value
- Estimating product potential
- Calculating sales forecasting
- Supply and demand analysis
Description
ThyssenKrupp Marine Systems (TKMS) has signed an MoU with Mazagon Dock Limited regarding their willingness to supply the Indian Navy (IN) with six Indian-manufactured Project 75I submarines.
The MoU was signed in Mumbai on 7 June, in the presence of German Defence Minister Boris Pistorius, who was in India for a state visit at the time.
Under the terms of the MoU, TKMS is responsible for engineering, design and consultancy support, whereas Mazagon Dock Limited (MDL) would perform construction and deliver six air-independent propulsion (AIP) submarines.
The IN operates four Type 209 submarines purchased from TKMS, and industry sources have
The MoU was signed in Mumbai on 7 June, in the presence of German Defence Minister Boris Pistorius, who was in India for a state visit at the time.
Under the terms of the MoU, TKMS is responsible for engineering, design and consultancy support, whereas Mazagon Dock Limited (MDL) would perform construction and deliver six air-independent propulsion (AIP) submarines.
The IN operates four Type 209 submarines purchased from TKMS, and industry sources have
