A foreign manufacturer will tie-up with one of the Indian partners to make these submarines in India, under what is termed as the ‘strategic partnership (SP) model’. This is the first project under the new ‘SP model’ policy. Its norms, especially on transfer of technology and ‘make in India’ will be tested to the hilt as the foreign company is expected to be the technology partner, the one offering the widest possible ToT could be the winner of the tender.
IDD Update Faced with a rapidly rising China’s military prowess, India, emerging from a devastating covid surge looks to add to its sea-going arsenal. The latest are a $ 5.8 billion order for next generation of conventional submarines and a quick movement is happening in New Delhi add more drones, of the General Atomics MQ-9B.
India imports weapons and equipment to the tune of $ 9 billion annually, with several items off the import list, the orders will go to local manufacturers. Orders of estimated an Rs 400,000 Crore ( $ 53 billion) are expected to be placed upon the domestic industry within the next five to seven years
IDD Analysis After India’s newly appointed Chief of Defence Staff, General Bipin Rawat announced that the military will do only ‘staggered procurements’ of weapons, equipment, systems and platforms, it has thrown up two issues necessitating immediate answers from the Government to address ‘fears’ of the industry. Firstly, such a move could jeopardize big-ticket acquisitions –