Business Council
for Cooperation with India

Russia offered India to build submarines together

8 Jul 2018 Russia
The Indian side was invited to jointly design and build submarines,according to the newspaper The Economic Times. The proposal was made during the meeting of Vladimir Putin with Indian Prime Minister Narendra Modi in Sochi in May this year. Joint construction implies the transfer of intellectual property without limiting the number of submarines produced. This will help India save a considerable amount and may become an alternative to a tender for the purchase of six new diesel- electric submarines worth $ 10 billion. India is armed with 9 submarines made in Russia at the moment.
Exports between Russia and India are on the increase
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Interview with Denis Manturov