India-Germany $8 Billion Submarine Deal
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Source: NewsBytes
India and Germany are finalizing an $8 billion deal for the production of six submarines in India. The project involves collaboration between German firm Thyssenkrupp Marine Systems GmbH (TKMS) and India's state-owned Mazagon Dock Shipbuilders Ltd. This will be India's biggest defense contract and the first time Germany transfers submarine production technology to a non-European country.
- Status
- Prospective
- Sector
- Government, Aerospace & Defense
- Location
- Kiel, India
- Updated
- 22 Jul 2026
- Source
- NewsBytes
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | India and Germany are finalizing an $8 billion deal for the production of six submarines in India. The project involves collaboration between German firm Thyssenkrupp Marine Systems GmbH (TKMS) and India's state-owned Mazagon Dock Shipbuilders Ltd. This will be India's biggest defense contract and the first time Germany transfers submarine production technology to a non-European country. |
Original sector | Defense |
Budget |
Location
Country | India |
City | Kiel |
Source
Source | NewsBytes |
URL |
More Details
Record type | Project |
Sector | Government, Aerospace & Defense |
Article published date | 2026-04-26 |
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