Despite being cleared a year ago, the project to indigenously construct six conventional submarines for the Navy has failed to make any headway as the Defence Procurement Policy (DPP) has not yet been finalised.
In April, Defence Minister Parrikar had constituted a committee under former defence secretary Dhirendra Singh to recommend changes in the DPP. While the committee has already made its recommendations, the final DPP is likely to be rolled out by the end of this year. The Rs.50,000-80,000-crore project is critical for the depleting submarine arm of the navy.
FlashNews:
DHL Group Expands New Energy Logistics Amid Global Supply Shifts
IN‑SPACe Funds Three Startups to Propel Indigenous Space Innovation
AM/NS India, IIT Roorkee Forge Strategic Pact for Manufacturing Innovation
Second Heavy Haul Seminar 2026 Charts Future of Rail Freight
Delhi Airport Transfer Traffic Hits 27%, Reinforces Hub Status
CleanMax-GACL Seal Gujarat’s Largest Hybrid RE Partnership for Industrial Decarbonisation
Atlanta Electricals Wins ₹2.85 Billion PSTCL Transformer Order
ULCCS Model Gains Global Spotlight at UN Symposium
India Clears ₹100 Billion ATF Stabilisation Package Amid West Asia Crisis
Chasing 70 GW Ambition, Suzlon 2.0 Re‑invents Wind for Energy Transition
Digi Yatra Crosses 100 Million Journeys, Expands Seamless Travel Across 38 Airports
AM/NS India Wins First PM‑SETU Approval, as Andhra Pradesh Leads ITI Transformation
NHAI Finalises Highway Monetisation Plan for FY2026‑27
Sonowal Launches Port Performance Index, Digital Maritime Reforms to Boost Competitiveness
MGL and Fourth Partner Energy Ink MoU for Clean Energy Push
IGIA Deploys SKYCAST, India’s First Next‑Gen All‑Weather Station to Boost Aviation Safety
REC Signs MoU with ERDA to Strengthen Quality Assurance under RDSS
SEIL Energy India Hosts South India’s First C&I Conference
AM/NS India Sets Global Benchmark with Ultra‑High Strength Welded Pipes
Home » Delay in procurement policy revision hits submarine project
Delay in procurement policy revision hits submarine project
ECONOMY & POLICY
November 1, 2015November 1, 2015


Leave a Reply
You must be logged in to post a comment.