Mahadeal worth Rs 66,000 crore! India and Germany will create history together, will lottery be held for this government share?

A very big news has come out to take India’s maritime power to new heights. closer between india and germany 8 billion dollars (about Rs 66,000 crore) The mega submarine deal may be finalized within the next 3 months. This information has been made public after the high-level meeting between Germany’s Defense Minister Boris Pistorius and India’s Defense Minister Rajnath Singh. Under this project, 6 very modern submarines will be built for the Indian Navy, the blueprint of which is almost ready.

Mazagon Dock and Germany’s Jugalbandi: ‘Make in India’ gets wings

The most special thing about this historic deal is that these submarines will not be built on any foreign soil, but in India only. German giant company for this big project ThyssenKrupp Marine Systems (TKMS) And Government Navratna Company of India Mazagon Dock Shipbuilders Limited (Mazagon Dock) Has shaken hands.

This is going to be the first time in history that Germany will transfer its advanced submarine technology to any other country outside Europe. This news of technology transfer has also attracted the attention of stock market veterans. It is believed that as soon as this deal becomes official, there may be a huge bull run in the shares of Mazgaon Dock.

The biggest bet so far for the Indian Navy

This deal of about 8 billion dollars is considered to be one of the biggest agreements in the defense history of India. In view of the increasing challenges in the Indian Ocean at present, the induction of these 6 modern submarines into the fleet will prove to be a game-changer for the Indian Navy. This will not only secure the maritime borders, but will also give new strength to the resolve of ‘self-reliant India’ in the field of defense construction.

Rajnath Singh tests strength in German shipyard

Defense Minister Rajnath Singh was seen in straight action mode during his visit to Germany from 21 to 23 April. He visited the TKMS shipyard in Kiel and Type-212 Class Inspected the state-of-the-art submarines. The company’s engineers and officials gave them detailed information about the stealth capability and lethal firepower of these submarines. This visit of Rajnath Singh is being considered as the biggest step towards finalizing this deal.

India-Germany’s new friendship in defense sector

Not just submarines, but both the countries have planned for the future. Defense Industrial Cooperation Roadmap Has also been stamped. Along with this, agreements have also been made to increase mutual cooperation in the training of United Nations (UN) peacekeeping forces. In simple words, India and Germany have now become strategic partners of each other in the field of defence. This deal will not only increase India’s firepower, but will also take the economic and diplomatic relations between the two countries to a new level.