India can be a hub for making submarines in the APAC region, says Thyssenkrupp exec

TKMS has partnered with Mazagon Dock Shipbuilders Ltd (MDL) and the two have jointly bid for the Indian Navy's Project-75I to build six advanced submarines, which are estimated to cost over Rs 45,000 crore. These submarines are to be made while opting for significant domestic value addition. "This Indian project has the same pattern as we have for South America. India could be the hub for our technology to produce them for some other countries in the Asia Pacific," he said.