Thyssenkrupp’s naval unit, now rebranded as TKMS, witnessed a significant surge in its share price following its spin-off from the parent conglomerate on October 20, 2025. TKMS, recognized as the world’s largest builder of non-nuclear submarines and frigates, saw its stock rise from around ₹60 to over ₹80, valuing the company at more than ₹5 billion. This move is part of a strategic realignment aimed at enhancing the firm’s agility, innovation, and ability to contribute decisively to maritime defense. The spin-off comes amid a booming defense market, especially in Europe, triggered by heightened security concerns following Russia’s military actions. From an Indian perspective, TKMS plays a crucial role in India’s Project 75I, partnering with Mazagon Dock Shipbuilders Limited to locally build six advanced submarines with substantial technology transfer, boosting India’s indigenous naval capabilities. This collaboration, part of a ₹70,000 crore deal, underscores India’s drive for self-reliance and maritime security enhancement as it modernizes its submarine fleet. TKMS’s increased independence post spin-off is expected to accelerate its innovation and strengthen its contribution to India’s strategic defense needs.