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India to be global submarine building hub? Germany’s Thyssenkrupp eyes P75I contract, offers to make submarines here
Credit: IndiaTimes- Published on December 13, 2024
Thyssenkrupp Marine Systems (TKMS) aims to establish India as a global submarine and warship construction hub, citing potential 50% cost reductions. Competing for a major Indian Navy contract, TKMS proposes a collaborative center with Mazagaon Dockyards Limited, eyeing future export opportunities amid rising global demand.
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