India is yet to get cracking on its long-pending project to build six advanced stealth submarines, with land-attack cruise missiles and air-independent propulsion for greater underwater endurance, over a decade after the initial approval from the defence ministry.
Defence sources, in fact, say the acceptance of necessity (AoN) for the around Rs 70,000 crore ($10.9 billion) diesel-electric submarine project called “Project-75 India” is set to expire once again on February 6 without “any concrete progress” being made to select the Indian shipyard and the foreign collaborator for it.
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Though the AoN for the project, which was first accorded way back in November 2007, will be extended, it must be remembered that it will take another seven to eight years for the first submarine to roll out after the final contracts are actually inked.