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Reliance Def

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Currently, shipyards owned by Public Sector Undertakings ( DPSU ) have orders worth Rs.1,80,000 Crores. DPSU s will take several years to deliver the vessels already on their order book. The Government, considering this fact, has decided to optimally utilize the private sector capacity to augment and complement the DPSU capacity. Strategic Partnership model provides much awaited framework to achieve this objective. Strategic Partnership framework / model of DPP-2016 provides a very large opportunities to the Indian private sector industry. Strategic Partnership model aims to rope in leading private players for production of major military platforms in the country. The government is all set to roll out the process for a Rs.60,000-crore Conventional Diesel- Electric submarines programme to be built under P-75I project for the Indian Navy It is set to be the first defence acquisition project to be launched under the ambitious Strategic Partnership model. In addition, to these big tickets strategic naval platforms, several new projects of the Indian Navy including Survey Training Vessels, Seven Next Generation Missile Corvettes, Next Generation missile Vessels are also expected in near future.

12.48 AM Jun 15th
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