Negotiations collapse in Indian minesweeper project
The Indian Navy’s (IN) quest to build 12 mine countermeasures vessels (MCMV) under an INR328 billion ($5.2 billion) ‘Make in India’ programme has collapsed at the final hurdle.
Goa Shipyard Limited (GSL) was supposed to build the dozen 800t minesweepers with 60% indigenous content via support from the Kangnam Corporation based in Busan, South Korea, after the latter had been selected as the sole-source overseas partner in 2015.
However, negotiations over pricing and technology transfer recently ground to an abrupt halt.
On 7 January the Hindustan Times quoted GSL chairman Shekhar Mital as saying, ‘We were unable to resolve commercial
Already have an account? Log in
Want to keep reading this article?
More from Naval Warfare
-
![UK to join US Navy’s Virginia-class submarine assembly effort to speed up construction]()
UK to join US Navy’s Virginia-class submarine assembly effort to speed up construction
The expansion of the Virginia-class submarine construction to UK shores could accelerate the project as US shipbuilders continue to fall short of delivery goals.
-
![US Navy seeks new sensors for the CH-53K King Stallion heavy-lift helicopter]()
US Navy seeks new sensors for the CH-53K King Stallion heavy-lift helicopter
The US Navy intends to publish a draft request for proposals in Q2 2026 and conduct an open competition for the supply of new electro-optical and infrared capabilities for the CH-53K heavy-lift helicopter.
-
![What new technologies could be involved in UK Atlantic Bastion initiative?]()
What new technologies could be involved in UK Atlantic Bastion initiative?
As new details emerge on the UK Royal Navy’s plan to secure the North Atlantic for the UK and NATO, three main areas of opportunity for new technology are the focal point.
-
![NATO naval exercises map out future USV requirements but raise questions on acquisition]()
NATO naval exercises map out future USV requirements but raise questions on acquisition
Uncrewed surface vessels have shifted from a desirable capability to a critical one for navies. But should these systems be bought outright, rented as a service or rapidly built using commercial off-the-shelf components?
