India signs 19.9 bln rupees defence deal with Mazagon Dock Shipbuilders

Mazagon Dock Shipbuilders

30/12/2024 11:48

NEW DELHI, Dec 30 (Reuters) - India's defence ministry
said on Monday it had signed a 19.9 billion rupees ($233
million) contract with Mazagon Dock Shipbuilders  MAZG.NS  for
technology that allows submarines to stay underwater for longer.
    The ministry also signed a 8.7 billion rupees ($102 million)
contract with France's Naval Group for integration of torpedoes
on Indian navy submarines to increase their firepower.
    
($1 = 85.5040 Indian rupees)

 (Reporting by Sakshi Dayal; Editing by YP Rajesh)
 ((Sakshi.Dayal@thomsonreuters.com;))