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India-Germany $8 Billion Submarine Deal

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Source: NewsBytes

Project
Planned

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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The project “India-Germany $8 Billion Submarine Deal” is an infrastructure initiative in the Government sector, located in Kiel, India. Taiyo aggregates data on it from NewsBytes.

Participants

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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

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Record type

Project

Sector

Government, Aerospace & Defense

Article published date

2026-04-26

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