Three state-owned Indian companies have formed a consortium to meet the Indian Navy's requirement to procure six next-generation submarines, it was announced on 30 December.
Engineering group Bharat Heavy Electricals Limited (BHEL), metal producer Mishra Dhatu Nigam Limited (Midhani) and Hindustan Shipyards Limited (HSL) said they are bidding to be "considered as a prospective bidder" for the Project 75I (India) programme.
The three companies said in a statement that their joint bid - facilitated through a memorandum of understanding signed on 26 December - will "provide the country with a credible domestic alternative" to build submarines.
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