India, Aug. 30 -- The Project 75(I) submarine programme of India is on the verge of making an important decision, and the plan to build six sophisticated submarines is a step in the direction of enhancing India's submarine capability.

This programme may also bring about some lucrative opportunities for the Indian defence industry, including ships, naval electronics, radar systems, communications systems, and specific parts as well.

Project 75(I): Overview and Current Status India's long-pending plan to buy six state-of-the-art conventional submarines through its US$7.3 billion Project 75(I) deal has entered its final stages of approval. The project entails forming a joint venture with Germany's TKMS to build the submarines mainly in th...