Deals12 Jan 2026, 07:44 pm
Mazagon Dock Shipbuilders Confirms Ongoing Negotiations for $8 Billion Submarine Manufacturing Deal
AI Summary
Mazagon Dock Shipbuilders Ltd has confirmed the ongoing negotiations with Indian Navy/ MoD for the P75(I) project. The negotiations started in August 2025 and are currently ongoing. The company is not aware of any other material developments related to the news report.
Key Highlights
- Mazagon Dock Shipbuilders confirming ongoing negotiations for a $8 billion submarine manufacturing deal with Indian Navy/ MoD.
- Negotiations for the P75(I) project started in August 2025 and are still ongoing.
- No other material developments related to the news report are known by the company.