IDEX

The decision on submarine project was taken at Defence Acquisition Council meeting. (Representational) New Delhi: The defence ministry on Tuesday shortlisted two Indian shipyards and five foreign defence majors for the Rs 50,000 crore project to build six co…

The Defence Acquisition Council (DAC) chaired by Defence Minister Rajnath Singh on Tuesday cleared Mazgaon Docks Limited (MDL) and Larsen & Toubro (L&T) as the Indian partners in the Navys tender for six advanced submarines under Project-75I worth ove…

The other shortlisted foreign players include South Korean Daewo, German Thysenkrupp Marine Systems and Spanish NavantiaThe Centre has reportedly shortlisted global warship makers, including Russia's Rosoboronexport and French firm Naval Group, to build six submarines for the Navy. The project cost is about Rs 50,000 crore. The other shortlisted foreign…