NEW DELHI (PTI): Against the backdrop of depleting fleet of under water vessels, Defence Minister A K Antony reviewed the reasons for delay in issuing tender for the over Rs 50,000 crore 'Project 75 India' in which six more diesel electric submarines have to be procured for the Navy.
The P-75 India is a Navy project expected to begin after the ongoing project under which six Scorpene submarines are being built by the Mazagon Dockyards Limited in collaboration with French DCNS. The Scorpene project is also delayed by over three years.
"The Defence Minister reviewed the reasons for delays in the P-75 India project and asked the authorities concerned to hasten the progress," Ministry officials said here on Thursday.
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