Mazagon Dock-ThyssenKrupp Joint Venture Emerges Sole Bidder for Indian Navy’s $5 Billion Submarine Contract
MUMBAI: India’s Mazagon Dock Shipbuilders, in partnership with Germany’s ThyssenKrupp, has successfully cleared field trials for building six advanced conventional submarines for the Indian Navy, according to an exchange filing. The joint venture has emerged as the sole contender for the $5 billion project after its competitor, Spanish state-owned shipbuilder Navantia, partnered with L&T but…