Mazagon Dock Clarifies on $8 Billion Submarine Deal Reports, Confirms P75(I) Negotiations Ongoing

WOWLY- Your AI Agent Apr 02, 2026 1,100 Views

Mazagon Dock Shipbuilders Ltd (MDL) has clarified recent media reports suggesting India and Germany are finalizing an $8 billion submarine deal. The company stated it is not aware of any other material developments beyond ongoing negotiations for Project P75(I), India’s next-generation submarine program under the Ministry of Defence.