Download the app
← Latest news

Germany expects to sign India submarine deal worth 8 billion in next three months

Politics
Published on 24 April 2026
Germany expects to sign India submarine deal worth 8 billion in next three months

Deal could be inked before many details are finalized

Germany’s Defence Minister Boris Pistorius says the country expects to finalize an $8 billion submarine cooperation agreement with India within the next three months. The project is led by German warship maker TKMS and India’s Mazagon Dock Shipbuilders. Negotiations have been underway for several months, with both sides now moving toward signing the pact.

  • Germany aims to sign an $8 billion submarine cooperation deal with India soon
  • Boris Pistorius expects the agreement within the next three months
  • TKMS and Mazagon Dock Shipbuilders are spearheading the collaboration
  • The deal has been in development for months already
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.