Submarine project will test India ‘SP’ Model policy

A foreign manufacturer will tie-up with one of the Indian partners to make these submarines in India, under what is termed as the ‘strategic partnership (SP) model’. This is the first project under the new ‘SP model’ policy. Its norms, especially on transfer of technology and ‘make in India’ will be tested to the hilt as the foreign company is expected to be the technology partner, the one offering the widest possible ToT could be the winner of the tender.

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