How a German submarine deal could test ‘Make in India’ ambitions

Aug 21, 2026 | INVESTING

India’s long-delayed plan to build six advanced conventional submarines with Germany has moved closer to final approval, a deal analysts say could test the depth of New Delhi’s “Make in India” defence ambitions while helping it respond to growing undersea pressure from Pakistan and China.
The US$7.3 billion deal would involve building submarines for the Indian navy with Germany’s ThyssenKrupp Marine Systems (TKMS), primarily at Mumbai’s Mazagon Dock Shipbuilders Ltd, India’s premier public…

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