Defense Business and Industry

India may cancel Rs 36,000 crore Scorpene-class submarines deal.

India’s Ministry of Defence is reportedly considering scrapping a proposal to build three additional Scorpene-class submarines at Mazagon Docks, a deal valued at approximately Rs 36,000 crore. While no final decision has been announced, this potential shift raises questions about India’s future underwater capabilities. The Scorpene-class submarines, known for their stealth and versatility, are essential for intelligence gathering and anti-submarine operations. The proposed cancellation may reflect broader strategic reassessments within India’s defense priorities, particularly in the context of evolving regional security dynamics and the need for cost-effective modernization of the naval fleet. This development underscores the importance of maintaining a robust maritime defense posture amid increasing competition in the Indo-Pacific region.

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