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Mazagon Dock Submits Bid to Defense Ministry to Build 3 Submarines for Indian Navy

Mazagon Dockyard Limited has submitted the bids the construction of submarines as part of the "Make in India" initiative, sources claim. The submarines construction project is aimed at bolstering Indian naval operations in the Indo-Pacific.

These three new submarines will complement the six submarines ordered in 2005. The original contract was for the purchase of six submarines to be built by MDL through technology transfer.

๐Ÿ“… The first of the new submarine series, INS Kalvari, has entered service in December 2017 with the fifth, INS Vagir, having joined the fleet in January 2023. The sixth submarine, Vagsheer, is currently undergoing trials and is expected to be delivered to the Navy in early 2024.

๐Ÿ“ Notably, these three submarines are expected to have higher indigenous content and will be equipped with the DRDO-developed Air Independent Propulsion system, enhancing their capabilities.


#Defence


https://www.indiatoday.in/amp/india/story/mazagon-dock-submits-bid-defence-ministry-build-submarines-indian-navy-2475747-2023-12-14
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Uttar Pradesh government to implement investment proposals worth Rs 7.5 lakh crore which include over 10,000 projects.


The Yogi government in Uttar Pradesh is actively working to implement the investment proposals received during the Global Investors Summit in 2023.

๐Ÿ’ถOver 10,441 projects worth about Rs 7.5 lakh crore are in the final stages of implementation.

๐Ÿ’ทUttar Pradesh has become a major investment destination, attracting around Rs 4.12 lakh crore of investment between 2017 and 2022.

๐Ÿ’ดThe state government has received 29,000 investment proposals worth more than Rs 39.5 lakh crore.

The focus has been on improving law and order.


#Investment #Uttar_Pradesh

https://m.timesofindia.com/india/uttar-pradesh-government-to-implement-investment-proposals-worth-rs-7-5-lakh-crore-which-include-over-10000-projects/articleshow/105883168.cms
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Paytm to establish a global payment development center at the IFSC in the GIFT City, Gujarat. #Infra
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Iran has announced it was lifting visa requirements for citizens of 33 countries, including India to boost #Tourism.
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Three of the worldโ€™s top five economies are in Asia, but global norms and certification are still set in the North Atlantic. Neither China nor Japan has made a dent, this is an area where India can succeed. #Opinion
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Forwarded from Defence Squad (Defence Squad)
Report: Indian Army signed Ammunition Contract with Bharat Electronics Ltd signed to procure Electronic Fuzes for Artillery Guns of #IndianArmy.

The landmark contract is the first one to be signed for ammunition procurement under โ€˜Manufacture of Ammunition for Indian Army by Indian Industryโ€™.The contract will also build up ammunition stocks to desired levels, minimise imports & achieve
self-sufficiency in ammunition manufacturing.

#AtmaNirbharBharat
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India's logistics costs have come down to below 9% of GDP, helped by rising state spending on roads, ports and digitisation.

The logistics costs were down in the range of 7.8% to 8.9% of GDP in 2021/22, compared to 8.8% to 10% of GDP in 2012/13

#Economy #Infra
https://t.co/gmKa96kUE0
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BIG BREAKING โšกโšก

DRDO has successfully Conducted the flight trials of Stealth Autonomous flying wing design SWIFT today at ATR facility in Chitradurga ๐Ÿ‡ฎ๐Ÿ‡ณ

Till now 6 Successful flight Trials are done using 2 Prototype built by ADE.

Its a smaller version of bigger Ghatak UCAV #Defence #Drones #aatmanirbharbharat
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India's merchandise trade deficit narrowed to $20.58 billion in November from $31.46 billion in October #Economy
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After Gold, Silver trading has begun at IIBX, #GIFT City

๐Ÿ”น102 Qualified Jewellers & 22 Suppliers have been Onboarded
๐Ÿ”น3 Metric ton of silver traded in 30 minutes
๐Ÿ”นGovt sets target of 1,000 MT silver and 100 MT gold by next year

#Economy
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Jai Hind ๐Ÿ‡ฎ๐Ÿ‡ณ
#VijayDiwas2023
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Mazagon Dock Shipbuilders Limited (MDL) has signed individual Shipbuilding contracts worth $42 million with European clients for the construction of three units of 7,500 DWT Multi-Purpose Hybrid Powered Vessels.

#MakeInIndia
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The Indian #Railways plans to run over 1,000 trains from different parts of the country to Ayodhya around the first 100 days of the inauguration of the newly built Ram Mandir, to cater to the demand.
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Sumitomo Chemical will build a new agrochemical plant in India.
It will obtain about 50 acres of land in Gujarat and aim to complete construction around 2027. The initial investment is expected to be over 5 billion yen ($35 million)

#MakeInIndia #agriculture
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NTPC Mining Ltd (NML) has produced 23.223 million tonnes of coal so far this financial year, just about exceeding its total output in all of FY23

It had recorded a year-on-year growth of 77% in coal production and 88% in terms of dispatch.

#Mining
https://t.co/SJb27EOTz6
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Hindustan Zinc on Thursday said it has started the deployment of #EV trucks at one of its mines. The company officially launched the first fleet of electric vehicles in partnership with Inland EV Green Services.

#MakeInIndia
https://t.co/rjcLEmaWvB
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Surat Airport to be tagged as an international airport soon. #aviation
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