Mumbai -French state-controlled shipbuilder DCNS has given a EUR50 million (3.10 billion rupees) contract to India’s SEC Industries Ltd. to manufacture parts for the Scorpene submarine, the Business Line newspaper reported Wednesday.
DCNS has received a contract from India to supply six Scorpene attack submarines, which are under construction at the Mazagon Dock in Mumbai, the report said.
D. Vidyasagar, managing director of Hyderabad-based defense component maker SEC Industries, told the newspaper that his company has to execute the contract “in four years. We will gain in technology terms, infrastructure and trained manpower.”
The two companies have signed a partnership sub-contract for the deal, the report added.
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