Posted on 07/22/2007 9:40:31 AM PDT by sukhoi-30mki
L&T plans to build submarines for Navy
Indulal PM, Hindustan Times Mumbai, July 22, 2007
Larsen and Toubro, the diversified engineering conglomerate, is planning to build submarines as part of its defence projects venture. The company is planning to demerge the defence division into a separate entity.
Sources close to the development said L&T is in talks with a couple of foreign firms to develop required expertise to participate in the Indian Navy’s prestigious Project 75 and 76 to make underwater vessels.
The project is one of Navy’s 30-year sub-building programme. It aims to build 24 such vessels to meet challenges across the Indian Ocean. The project cost is estimated at around $14-16 billion.
“The company has received approval for the second line of submarines. L&T is planning to either co-ordinate with the state-owned firms or with a foreign partner to enter the project,” sources said.
A Delhi-based defence analyst said Navy has already signed a deal with French company DCNS for submarines and is planning to build the remaining 18 vessels indigenously. L&T is planning to enter this phase with a domestic or foreign partner.
In 2005 October, India signed a $3.5 billion deal with DCNS to acquire six Scorpene class submarines. The project included a license production of submarines in India under a technology transfer agreement with the state-owned Mazagone Docks.
L&T Chairman and Managing Director AM Naik said the company had tried to partner with the Mazagon Docks for the Scorpene project. “However, at that time the collaboration did not materialise. We are interested in entering the submarine project. We have the required expertise and after getting the Raksha Udyog Ratna status, we will be in a better position to bid for the future projects,” Naik said.
L&T is building Pinaka rocket launchers for two regiments of Indian army and is bidding for modernisation of Bofors guns. It is in talks with global players including the European Aeronautics Defence and Space Company (EADS), the parent firm of European airplane maker Airbus for a joint venture. L&T’s revenue from the defence sector was at Rs 3,000 crore in the last fiscal.
L&T has already received a Rs 440 crore order for making four ships for Rotterdam-based Zadeko. The company is planning to invest Rs 2,000 crore for a new green field shipyard that will make all types of vessels including CNG, LNG carriers and containers.
Larsen & Toubro
From Wikipedia, the free encyclopedia
Larsen & Toubro Limited is India’s largest engineering and construction conglomerate, with diverse interests such as construction, hydraulic equipment, electrical and electronic power services, fertilizer projects, medical electronics and information technology. It generates almost 85% of its revenue from the construction business. Founded in 1938, the company is headquartered in Mumbai, India.
The name is derived from its two founders, Danish citizens who settled down in India. The evolution of L&T into the country’s largest engineering and construction organizations is among the more remarkable success stories in Indian industry. The company was founded in (Mumbai) in 1938 by two Danish engineers, Henning Holck-Larsen and Soren Kristian Toubro - both of whom were strongly committed to developing India’s engineering talent and enabling it to meet the demands of industry.
why in the world does INDIA need 25 subs????
Simple they want to control the Indian Ocean.
Simple-because it straddles the Indian Ocean & the Arabian Sea-2 of the biggest sea routes in the world.Besides, China & Pakistan operate a combined total of almost 70 submarines.
Lets see... If I remember my Literature, the first Submariner was Captain NEMO with the NAUTULUS.
He went about trying to destroy “that hated nation”. We never found out who he was in “20000 Leagues Under The Sea.”
In “The Mysterious Island” we find he was from INDIA, and trying to destroy “that hated nation” England.
Hated nation? India has its present prime minister mentioning the government in India as a "prized inheritance from a great enterprise", which is Britain.
http://in.rediff.com/news/2005/jul/12spec.htm
***Hated nation? India has its present prime minister mentioning the government in India as a “prized inheritance from a great enterprise”, which is Britain. ****
Well consider that Jules Verne was a Frenchman who wrote a novel taking place just after the Sepoy Mutiny in India after which an Indian native builds a supersub to deatroy England’s sea power...you should get my point.
One might claim India has claim to the first real engine powered submarine, even if it is fictional, not like the “Turtle” or Huntley.
Heh heh heh!
hmmm...
India has had a lot of trouble with the domestic weapons manufacturing industry; “too many ministries spoil the broth” kind of thing. They really do want to be in on the world arms manufacturing biz, however.
Subs and mini-subs seem to be experiencing a bit of a building boom at the moment; lots of nations getting in on the action, and even a few private companies.
When it was built with German help in the 80s,the submarine building facilities in Mumbai were among the best in the world.But corruption scandals & government hesitation meant that it only cranked out 2 subs,instead of around 6 as planned.The decision to let private companies like L & T into defense is a very significant move.
If they can get a production line cranked up, perhaps they can supply Taiwan. Maybe the US could buy a few for training against the Diesel-Electric threat. (Kilo for instance, but also various German and Dutch designs.)
Depends on what design the subs are.Building them is easy,designing is hard.In recent exercises with the US-N,India has refused to field it’s Kilo class boats due to Russian pressure.
India (or anyone else) can sell subs to Taiwan once both the designing nation also agrees.AS of now,the only country which I see which could do atleast sell a design to Taiwan is Japan.The rest like Australia,India or South Korea have only been license builders.
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