Spain’s Navantia and Larsen & Toubro (L&T) have entered into a Teaming Agreement (TA) for the Indian Navy’s prestigious P75 (India) submarine program.

The signing of the agreement took place in the presence of SN Subrahmanyan, CEO & MD of L&T, and Augustin Alvarez Blanco, Naval Construction Vice President and Member of the Board at Navantia.

• This collaboration marks an important milestone in India’s defense acquisition.
• The P75 (I) submarine program is of great significance, with a value of over Euro 4.8 billion. Under this program, the aim is to deliver six conventional submarines equipped with Air-Independent Propulsion (AIP) while emphasizing the achievement of targeted Indigenous Content.
• The project is the largest defense acquisition initiative undertaken by India and is set to strengthen the country’s naval capabilities.