The Defence Ministry on Friday cleared a mega project to build six conventional submarines for the Indian Navy at a cost of around Rs 43,000 crore, a decision aimed at narrowing the gap with growing naval prowess of China, government sources said. The decision was taken at a meeting of the Defence Acquisition Council (DAC) chaired by Defence Minister Rajnath Singh. The DAC is the Defence Ministry’s highest decision-making body on procurement. The sources said the Request for Proposal (RFP) for the make-in-India project named ‘P-75 India’ will be issued soon.
Jun 04, 2021, 03:41PM ISTSource: Times Now