MDL and TKMS partnership becomes sole bidder for Indias $8 billion P751 contract
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- Total addressable market sizing ($)
- 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
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Mazagon Dock Shipbuilders Ltd (MDL) and its partner, Germany's Thyssenkrupp Marine Systems (TKMS), have emerged as the sole bidders for the Indian Navy's (IN) Request for Proposal for a US$8 billion submarine contract.
The Project P75I contract covers the construction of six advanced diesel-electric attack submarines with the Air-Independent Propulsion (AIP) system for MDL-TKMS Type-214. The contract will be signed in 2026, Shephard has learnt.
Alternative bidders Larsen & Toubro (L&T), in partnership with Spanish shipbuilder Navantia, did not pass the IN's final technical evaluation, as the AIP of the S-80 was not proven in sea trials despite having been demonstrated onshore.
The Project P75I contract covers the construction of six advanced diesel-electric attack submarines with the Air-Independent Propulsion (AIP) system for MDL-TKMS Type-214. The contract will be signed in 2026, Shephard has learnt.
Alternative bidders Larsen & Toubro (L&T), in partnership with Spanish shipbuilder Navantia, did not pass the IN's final technical evaluation, as the AIP of the S-80 was not proven in sea trials despite having been demonstrated onshore.
