by admin | May 25, 2021 | Corporate, Corporate Governance, News, Politics
New Delhi : With nuclear-capable submarine INS Arihant successfully completing its deterrence patrol, India on Monday completed its nuclear triad as it achieved nuclear strike capabilities in air, land and sea.
Congratulating the crew of Strategic Strike Nuclear Submarine (SSBN) INS Arihant, Prime Minister Narendra Modi said India’s new capability was a “fitting response to those who indulge in nuclear blackmail”.
“Today is historic because it marks the completing of the successful establishment of the nuclear triad. India’s nuclear triad will be an important pillar of global peace and stability,” Modi tweeted.
“The success of INS Arihant enhances India’s security needs. It is a major achievement for our entire nation. In an era such as this, a credible nuclear deterrence is the need of the hour.
He said the successful completion of its deterrence patrol “gives a fitting response to those who indulge in nuclear blackmail”.
He said INS Arihant will “contribute” to the atmosphere of peace in the region.
“India is a land of peace. Values of togetherness are enshrined in our culture. Peace is our strength, not our weakness. Our nuclear programme must be seen with regard to India’s efforts to further world peace and stability,” Modi said.
The 6,000 tonne Arihant was built under the Advanced Technology Vessel (ATV) project at the Ship Building Centre at Visakhapatnam.
Launched on July 26, 2009 by then Prime Minister Manmohan Singh, the submarine was commissioned in August 2016 after a series of extensive sea trials.
—IANS
by admin | May 25, 2021 | Corporate, Corporate Governance, News
New Delhi : Belying talk of involving the private sector in defence production, the government is all set to award the $8 billion advanced submarine order to the public sector Mazagon Dock Shipbuilders Ltd (MDL) on a “nomination basis”.
Well-placed Defence Ministry sources told IANS that an announcement in this regard is expected soon.
Under what is known as the “Project-75 India” programme, MDL, in collaboration with Naval Group of France, will build six advanced submarines.
MDL already has a partnership with the French firm under which it is currently building six Scorpene-class submarines – a project worth $3.75-billion.
Under the then Defence Minister Manohar Parrikar, “Project-75 India” was supposed to be rolled out under the Strategic Partnership policy segment of the Defence Procurement Procedure (DPP) of 2016, which would have been a boon for private sector shipbuilders like Larsen & Toubro and Reliance Naval and Engineering.
But with new Defence Minister Nirmala Sitharaman overturning the decision and granting “Project-75 India” to MDL on a “nomination basis”, both these companies, already in the red and struggling with almost non-existent order books, will suffer a severe blow.
The decision comes soon after French President Emmanuel Macron’s visit to India when he was believed to have pushed for the project with Prime Minister Narendra Modi.
The Request for Information (RFI) document for “Project-75 India” was issued in 2016, and the government received responses from four companies or conglomerates: the French Naval Group, ThyssenKrupp Marine Systems of Germany, SAAB of Sweden, and Rubin Design Bureau-Amur Shipyard, a Russia-Italy collaboration.
In 2017, the Defence Ministry drafted Expressions of Interest (EoI) for private shipyards in India for selection as a strategic partner — a move that was said to be aimed at creating efficient submarine-building capabilities in the private sector.
The six advanced submarines are equipped with API, or air-independent propulsion, technology and a vertical missile launch system. API allows these submarines to stay underwater for longer periods.
—IANS
by admin | May 25, 2021 | News, Politics
INS Kalvari
Mumbai : Prime Minister Narendra Modi on Thursday here commissioned the country’s first indigenously-built Scorpene-class submarine INS Kalvari to the Indian Navy terming it a significant new era “to boost India’s defence and security”.
Modi formally unveiled the commissioning plaque of the INS Kalvari atop the submarine and congratulated and shook hands with the various naval officers.
This is the first conventional submarine to be inducted into the Indian Navy after more than 17 years even as the navy’s submarine arm celebrates it golden jubilee this year.
Addressing the august gathering on the momentous occasion, Modi also thanked France for its help and collaboration on developing the project.
“It signifies the further strengthening of the growing strategic ties between India and France in recent times,” Modi said.
The Prime Minister said INS Kalvari will provide a significant boost and synergise the country’s defence, economic, technical and international powers, along with people power on the global arena.
“The 21st century will belong to Asia and the Indian Ocean will play a crucial and strategic role in ensuring what I call SAGAR – Security And Growth for All in the Region,” Modi said.
The submarine, incorporating state-of-the-art features has been built by the Mazagaon Dockyard Ltd under its Project 75, with technological collaboration from DCNS, France.
Also present on the occasion were Maharashtra Governor C.V. Rao, Chief Minister Devendra Fadnavis, Union Defence Minister Nirmala Sitharaman, Minister of State for Defence Subhash Bhamre, French Ambassador to India Alexandre Zeigler and Chief of Naval Staff Sunil Lanba, besides many others.
—IANS
