Germany, India Near $8 Billion Submarine Deal with Tech Transfer

• Germany and India are finalizing an $8 billion submarine manufacturing deal, the largest defense agreement for New Delhi.
• The agreement includes technology transfer for submarine production, a first for India, and involves Thyssenkrupp Marine Systems GmbH and Mazagon Dock Shipbuilders Ltd.
• German Chancellor Friedrich Merz will visit India, meeting PM Narendra Modi in Gujarat and German companies in Bengaluru.
• The new submarines will feature air-independent propulsion systems, enhancing India's naval endurance in the Indian Ocean.
• The deal aims to deepen defense ties, reduce India's reliance on Russian arms, and boost 'Make in India' defense manufacturing.

Why It Matters: India and Germany are set to deepen defense ties with a landmark $8 billion submarine deal and tech transfer.