New Delhi, Oct 25 (IANS): In a boost to domestic defence manufacturing, the government Saturday cleared a proposal to manufacture six submarines worth Rs.50,000 crore in India.
The Request for Proposal (RFP) will, however, be open for "compliant yards", defence ministry sources said.
The government aims at manufacturing all six submarines in the time frame of a year.
These submarines will have features including stealth and attack cruise missiles.
A committee will be set up by the Defence Acquisition Council (DAC) to decide on the shipyards that will be issued RFPs for these submarines.
All six submarines will be made in one shipyard.