India issues tender for mega Rs 50,000 crore submarine project

The defence ministry issued the RFP (request for proposal) to defence shipyard Mazagon Docks (MDL) and private ship-builder Larsen & Toubro, who in turn will tie-up with one of the five shortlisted foreign companies to submit techno-commercial bids for the mega diesel-electric submarine-building programme called `Project-75 India (P-75I)’.