Germany, Spain join Mazagon Dock

22 Aug 2023 CW Team

As the South Asian nation aims to bolster its navy to challenge China's growing naval footprint in the Indo-Pacific region, two European military manufacturing behemoths are vying for a Rs 40,000 crore (S4.8 billion) order to build submarines in India.

Six of the warships will be built in India, according to senior Indian officials informed of the developments, who declined to be identified since the negotiations are confidential. The two bids were made by Spain's Navantia in conjunction with private shipyard Larsen & Toubro and Germany's Thyssenkrupp AG and Mumbai's Mazagon Dock Shipbuilders Limited, the sources said.

According to the sources, the Indian Navy would choose the best and most substantial technology transfer on offer. In addition to giving the submarines air independent propulsion—a technique that enables conventional warships to stay underwater for longer—the Ministry of Defense stated when launching the tender in July that it anticipated significant technology transfer to Indian shipyards.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

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Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..