Indian Navy readies Plan B for buying submarines if Manohar Parrikar’s model fails

NEW DELHI: Faced with a critical shortage of underwater assets, the Navy is looking at alternate options to obtain more submarines at a fast pace in case plans to involve the private sector as strategic partners to manufacture vessels in India falters.

A top naval officer said that while the strategic partnership model - a pet project of former defence minister Manohar Parrikar which has been stuck for over 18 months - would be the best option to proceed with acquisition of more submarines, an alternate plan is also being formulated.

"We are looking at all options, including a government to government deal or an extension of the Scorpene class line (in Mumbai). The best option is the strategic partnership plan but we also need to have a plan B in place," Vice Admiral DM Deshpande,Controller of Warship Production and Acquisition, said in response to a question by ET.

The Indian Navy is in urgent need for submarines, with its Russian origin Kilo class vessels reaching the end of serviceable life and the six Scorpenes on order grossly inadequate to meet expanded security tasks in the region.

The Mumbai-based MDL shipyard, which is constructing the Scorpene in partnership with French firm DCNS, has been pitching for an additional order, making the point that it has spare capacity and manpower available to quickly produce larger numbers.

Deshpande, who was speaking at a FICCI event to announce an international seminar on future requirements of the Indian Navy, said that another project to acquire much needed minesweepers has passed all hurdles.

"We are hopeful of concluding the contract by the end of the fourth quarter," the officer said.

Also Read

Indian Navy gets new weather monitoring system

Another fast-attack craft commissioned in Indian Navy

Indian Navy gets air enclave in Mumbai

Indian Navy inducts surveillance ship INLCU L51

Another mishap in Indian Navy, fire on INS Pralay

Stay on top of business news with
The Economic Times App.
DOWNLOAD NOW
FROM AROUND THE WEB MORE FROM ECONOMIC TIMES

Meet India's next generation of business tycoons

6 interesting things about the new UP CM, Yogi Adityanath

7 secrets that make Marwaris so good in business

From Around the WebMore from The Economic Times

Introducing The Taj at The Trees, Mumbai

Godrej Origins

Pay 53K & book your home @Delta Vrindavan

Delta Venture

Bajaj Allianz Life e-Touch Online Term

Bajaj Allianz Life Insurance

Option of global investment with Gold ETFs

TOMORROWMAKERS