Cyberspec wrote:A private Indian company 'Reliance Infrastructure', via it's subsidiary 'Reliance Defence Systems' is looking to get into the Nuclear Submarine business
Indian businessmen looking for a partner in Russia to construct nuclear submarines
22/05/2015 RIA Novosti
The Indian company Reliance Infrastructure is looking for a partner in Russia to create a joint venture for the construction of nuclear submarines and warships, using “stealth” technologies, according to an article in the Indian newspaper Economic Times.
According to the newspaper, top executives of the company are currently in Moscow, where they are meeting with senior officials of the Russian Ministry of Defense. A source familiar with the negotiations said that this week these Indian executives might even meet with Sergey Shoigu and name a potential Russian partner, one with the necessary technological expertise.
The report said that negotiations are currently underway for the construction of six modern nuclear submarines, using technologies provided by a foreign partner, at the shipyards in the Indian state of Gujarat.
This could be a big deal for Russia. This will guarantee Russian support, parts, etc while this will guarantee that the Indian company will have a control in the market in India. Both will win.