• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
German, Indian companies sign accord on possible India submarine project

German, Indian companies sign accord on possible India submarine project

June 7, 2023
Jungkook On A Collab Spree: The Kid LAROI Teases Possible Collaboration

Jungkook On A Collab Spree: The Kid LAROI Teases Possible Collaboration

September 29, 2023
Hello Mr. President: Barack Obama Takes Meetings At CAA For Higher Ground Projects – The Dish

Hello Mr. President: Barack Obama Takes Meetings At CAA For Higher Ground Projects – The Dish

September 29, 2023
GREG GUTFELD: Mike Pence tried to tell a few dad jokes

GREG GUTFELD: Mike Pence tried to tell a few dad jokes

September 28, 2023
Woman Caught on Video Giving the Finger to Anti-Woke Oklahoma Schools Boss

Woman Caught on Video Giving the Finger to Anti-Woke Oklahoma Schools Boss

September 28, 2023
There’s one ‘lucky’ group of homeowners in America’s housing market, says a Zillow economist

There’s one ‘lucky’ group of homeowners in America’s housing market, says a Zillow economist

September 28, 2023
Dozens of soldiers killed in suspected jihadist attack in Niger

Dozens of soldiers killed in suspected jihadist attack in Niger

September 28, 2023
‘It’s the only thing he’s got left’: DeSantis’ rivals try to turn his Florida record against him

‘It’s the only thing he’s got left’: DeSantis’ rivals try to turn his Florida record against him

September 28, 2023
Vise Intelligence is a new AI to assist — not replace — financial advisors

Vise Intelligence is a new AI to assist — not replace — financial advisors

September 28, 2023
Democratic officials urge leaders to denounce No Labels in internal email

Democratic officials urge leaders to denounce No Labels in internal email

September 28, 2023
Why we need to improve heart health in Europe

Why we need to improve heart health in Europe

September 28, 2023
Mysterious ‘fairy circles’ are popping up all over the world

Mysterious ‘fairy circles’ are popping up all over the world

September 28, 2023
Republican Says Biden Impeachment Inquiry Belongs on ‘Back Burner’

Republican Says Biden Impeachment Inquiry Belongs on ‘Back Burner’

September 28, 2023
DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News Business

German, Indian companies sign accord on possible India submarine project

June 7, 2023
in Business, News, Politics
German, Indian companies sign accord on possible India submarine project
509
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

BERLIN — German and Indian companies signed an agreement Wednesday that envisions the possible building of six military submarines for India.

The memorandum of understanding was signed in the presence of German Defense Minister Boris Pistorius, who was in India on a visit.

The agreement calls for Germany’s Thyssenkrupp Marine Systems to engineer and design six non-nuclear submarines that would be built and delivered by India’s Mazagon Dock Shipbuilders with “significant local content.”

The German company did not give a financial value for the proposed deal, which was inked during a ceremony in Mumbai. But it said the agreement lays the foundation for possible cooperation with Mazagon to compete in an Indian navy tender.

Pistorius called it “an important signal, one could say a milestone, for a flagship project in a key technology.”

The ceremony came at the end of the a several-country Asian trip by the German minister, who called for deepening strategic ties with the region. He met his Indian counterpart in New Delhi on Tuesday, and said he advocated the potential deal during that meeting.

India has been a major buyer of arms from Russia. Pistorius, the first German defense minister to visit the country since 2015, advocates easing defense cooperation and weapons deals with India by treating it as a strategic partner like Australia or Japan.

He pointed Wednesday to the importance of cooperating with partners that are like-minded in advocating a rules-based order and the security of sea routes.

“With India, we have a democracy — with its weaknesses, one doesn’t need to hide that, but a strong democracy, a stable country in the region, just as we do with Indonesia,” Pistorius told reporters.

“Both are partners with which we … should cooperate closely, which we should trust, and whose trust we rely on,” he added.

Thyssenkrupp Marine Systems said it delivered four submarines to the Indian navy in the 1980s in cooperation with Mazagon and that the vessels are still in service today.

“We are ready when India calls,” the company’s CEO, Oliver Burkhard, said.

The post German, Indian companies sign accord on possible India submarine project appeared first on Associated Press.

Tags: BusinessGeneral NewsIndiaPoliticsWorld News
Share204Tweet127Share

Trending Posts

Jason Blum Explains The Move Of ‘The Exorcist: Believer’ To Avoid Clash With Taylor Swift Concert Film

Jason Blum Explains The Move Of ‘The Exorcist: Believer’ To Avoid Clash With Taylor Swift Concert Film

September 28, 2023
Colorado athletic director sends letter urging students to refrain from ‘rushing the field’ at home games

Colorado athletic director sends letter urging students to refrain from ‘rushing the field’ at home games

September 28, 2023
Woman returns to store she allegedly shoplifted to demand phone she forgot

Woman returns to store she allegedly shoplifted to demand phone she forgot

September 28, 2023
US National Security Agency unveils artificial intelligence security centre

US National Security Agency unveils artificial intelligence security centre

September 28, 2023
Ocasio-Cortez: ‘We Should Be Investigating’ GOP’s Impeachment Inquiry over Ethics

Ocasio-Cortez: ‘We Should Be Investigating’ GOP’s Impeachment Inquiry over Ethics

September 28, 2023
In Alabama, White Tide Rushes On

In Alabama, White Tide Rushes On

August 22, 2023

Copyright © 2023.

Site Navigation

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2023.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT