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Magadh Today > Latest News > India > Spain’s Navantia to bid for Indian Navy’s landing platform docks contract
IndiaDefence

Spain’s Navantia to bid for Indian Navy’s landing platform docks contract

Gulshan Kumar
Last updated: 2023/11/30 at 11:46 PM
By Gulshan Kumar 2 years ago
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New Delhi, Spain’s state-owned defence giant, Navantia, is set to bid for a significant Indian Navy contract to construct four amphibious transport vessels, marking another stride in what it terms “India’s largest defence acquisition project.” The defence company plans to collaborate with Larsen and Toubro (L&T) for the landing platform dock (LPD) amphibious vessels.

Navantia aims to bolster its presence in the Indian defence market with the LPD project, which has been in the works since 2008. The company, in partnership with L&T, is also optimistic about its bid to build six submarines for the Indian Navy under the P75 (I) program.

The LPD vessels play a crucial role in transporting military assets, supplies, and manpower for warfare, as well as aiding in humanitarian assistance and disaster relief.

Navantia expresses confidence in its submarine bid, valued at over Euro 4.8 billion, emphasizing its commitment to India’s indigenous defence production capabilities. The project involves a 30-year lifecycle sustenance contract of similar value.

German company ThyssenKrupp Marine Systems (TKMS) has also shown interest in bidding for the submarine contract.

The company plans to expand its collaborations in India, seeking partners for wind turbine and renewable energy projects not only within the country but also in Europe and America.

The final verdict on these ambitious ventures awaits the outcomes of the respective bids, with the results expected to shape the landscape of India’s defence capabilities.

 

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