Germany and India have signed a deal for the construction of six submarines in India.
The deal, worth around $5.2 billion, is a major boost for India's defense industry
and will help to modernize the country's submarine fleet.
The submarines will be built by Thyssenkrupp Marine Systems (TKMS) in
collaboration with Mazagon Dock Shipbuilders Limited (MDL).
TKMS will provide the design and technology for the submarines, while MDL will build them in India.
The first submarine is expected to be delivered in 2027,
with the remaining five to follow at two-year intervals.
The deal is a major victory for TKMS, which has been competing with
other European and Japanese companies for the contract.
It is also a sign of the growing strategic partnership between Germany and India.
The two countries have agreed to cooperate on a number of defense projects,
including the development of a new fighter jet.