India inks 2 contracts with Naval Group, MDL for Indian Navy’s Submarine Fleet
Indian Navy-Naval Group EHWT and MDL-AIP Contract: New Delhi, December 31, 2024 – The Ministry of Defence (MoD) has signed two significant contracts worth approximately Rs 2,867 crore (USD 334 million – approximate) to enhance the capabilities of Indian Navy’s submarine fleet. The first contract, valued at around Rs 1,990 crore (USD 232 million -…