World & BusinessGermany reportedly ready to sign estimated $8 billion submarine deal with India, pending approvals
The Economic Times reports that German envoy Jasper Wieck said Germany was ready to sign once New Delhi completes approvals. Bloomberg, also citing Wieck, puts the deal's estimated value at $8 billion.
TLDR
Bloomberg reports, citing German envoy Jasper Wieck, that Germany is ready to sign an estimated $8 billion deal to build submarines with India. The Economic Times quotes Wieck as saying Germany is ready once Indian approvals are complete. It describes a partnership with Thyssenkrupp Marine Systems focused on technology transfer and production in India.
Germany reportedly ready to sign estimated $8 billion submarine deal with India, pending approvals
The Economic Times reports that German envoy Jasper Wieck said Germany was ready to sign once New Delhi completes approvals. Bloomberg, also citing Wieck, puts the deal's estimated value at $8 billion.