France's big decision before Modi-Macron meeting: Withdraws from the submarine project for Navy, P-75 refuses to join India project


Posted on 4th May 2022 02:06 pm by rohit kumar

PM Narendra Modi is on a Europe tour. During his Europe tour, he will also visit France, where he will also meet Emmanuel Macron, the second-time President. But, even before Modi's visit to France, the major arms company Naval Group has given a big blow to India. The company has announced that it is withdrawing from the Rs 43 thousand crores P-75 India project in India.

 

Five international companies were shortlisted for this project, Naval Group being one of them. The group has stated that India cannot meet the conditions of the Proposal for Request (RFP), hence the company is unable to participate in the project.

 

43 thousand crores project

 

According to the report of a news website, this project is worth Rs 43 thousand crores, which is the biggest project under the new strategic partnership model. Under this project, submarines were to be built in India in collaboration with international companies and technology was to be transferred to the Indian company.

 

The Government of India is looking for a partner company under 'International Original Equipment Manufacturer' (IOEM) to manufacture submarines and transfer technology.

 

What is the P-75 Project?

 

This is the second project to build P-75 submarines in India. Naval Group has done this project with an Indian company named Mazagon Dockyard Shipbuilding. India had a deal with France on this project in 2005, the naval group was then called DCNS. Of the six submarines to be built, four have been commissioned into the Navy. The construction of the sixth submarine started in March-April this year. It is to be commissioned in India by the end of 2023.

 

Why did the French company withdraw?

 

According to the news website, Naval Group has expressed its inability to withdraw from this bid due to the ability of 'C-Proven' AIP fuel cells, but according to information received from IOEM, it will share its expertise and technology with Indian partners. There is nothing comfortable about sharing.

 

French company Naval Group India head and managing director Laurent Vaidyu issued a statement last Saturday, in which he said that the request proposal requires that the fuel cell AIP is proven to work at sea, which is Not yet, as the French Navy does not use it.

 

According to Laurent Vaidyu, the Naval Group has said that this group has always been ready to offer the best and special technology for the P-75 project of the Indian Navy.

 

 

1 Like 0 Dislike
Previous news Next news
Other news

Supreme Court: SC stays the order of the High Court in the tender case of 2100 electric buses, now hearing on 2nd September

The Supreme Court has stayed the tender of 2100 electric buses by Brihanmumbai Electric Supply an

Owaisi lashed out at Bhagwat: Said - the policy of only two children will not work, and India's population is falling on its own

Politics has heated up after the statement made by RSS chief Mohan Bhagwat regarding population c

Garba thrashing: Non-Hindus entered Ahmedabad's pandal, VHP investigated and caught and thrashed

After the warning of Hindu organizations not to allow non-Hindus to enter Garba pandals during th

Amidst the Ukraine-Russia war, Chinese President Jinping made a big announcement about the war

China War Update: China is notorious for its expansionist policy all over the world. In Ladakh in

Foreign Currency Reserve: Foreign exchange reserves decreased for the sixth consecutive week, know how much gold reserve is left?

There has been a decrease in the foreign currency assets of the country again. It has registered

World Bank: World Bank reduced the global growth rate forecast for 2023, the weakest economic growth in three decades

The World Bank said in its annual report on Tuesday that it has reduced the global growth forecas

The government engaged in finding alternative employment for firefighters, Defense Secretary holds meetings with indigenous production companies

The government has already started an initiative to find alternative employment opportunities for

IND vs SA Pitch Report: Who will benefit from the Cape Town pitch, batsmen or bowlers? such is the mood

IND vs SA 2nd Test Pitch Report: The Indian team once again missed winning the Test series for th

Animal: Ranbir Kapoor's 'Animal' on the path of Pathan and Jawan, will the show start at this time in the morning in the harsh cold?

The name of Hindi cinema's powerful actor Ranbir Kapoor is in the news these days for his upcomin

The threat of bloodshed in Pakistan: Imran adamant on dharna in Islamabad; The government deployed the army, said - if you have the guts then come and see

Imran Khan, the former Prime Minister of Pakistan, is going to sit on an indefinite dharna today

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash