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Germany to sign $5.2bn deal to manufacture submarines in India | Boris Pistorius | Oneindia News
Video Credit: Oneindia
Published on June 6, 2023 - Duration: 02:08s
Germany to sign $5.2bn deal to manufacture submarines in India | Boris Pistorius | Oneindia News
Germany’s defence minister Boris Pistorius arrived in India on Tuesday for a two-day visit.
Reports said that the top agenda of the visit is a $5.2bn deal that involves the manufacturing of six diesel submarines for the Indian Navy.
The submarines will be made in India, a major win for India’s campaign to boost local defence manufacturing.
The deal is expected to be announced at a time when Russia’s defence industry is struggling due to the Russia-Ukraine conflict, prompting India to look for other partners to source military hardware for its armed forces.
#BorisPistorius #Germany #India ~PR.151~HT.96~
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