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TKMS Poised for €7 Billion Six-Submarine Deal With India

India is turning to German suppliers as it diversifies away from Russian equipment after Ukraine-war delays.

Overview

  • Reporting indicates India is set to select Thyssen-Krupp Marine Systems for about €7 billion to supply six submarines, which would be the largest military contract between the two countries, though it is not yet final.
  • The submarines are based on the Class 214 design with air-independent propulsion and would be partly built in India.
  • A government-to-government framework is expected to guarantee spare-parts supply, with terms to be discussed during Chancellor Friedrich Merz’s visit.
  • Berlin and New Delhi are preparing a Defense Road Map and a joint working group to structure deeper industrial cooperation and potential future projects.
  • Parallel energy talks include an expected Uniper agreement to source green ammonia from India as part of the broader ties being advanced.