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India to be global submarine building hub? Germany’s Thyssenkrupp eyes P75I contract, offers to make submarines here

IndiaTimes Friday, 13 December 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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