The deal, valued at over €8 billion, will see six advanced Type-214 conventional submarines built in India for the Indian Navy. The agreement will be executed through a partnership between Germany’s ThyssenKrupp Marine Systems and India’s Mazagon Dock Shipbuilders, combining indigenous construction with technology transfer to strengthen India’s submarine fleet.

Speaking on the sidelines of an industry event organised by the Indo-German Chamber of Commerce, Ackermann told reporters he was very hopeful and confident the deal would be signed very soon, possibly within the next month. He described the submarine programme as the most visible sign of deepening India-Germany defence cooperation, noting that collaboration between the two countries’ armed forces has broadened alongside growing defence industrial ties.      The Type-214 is an advanced diesel-electric attack submarine equipped with Air Independent Propulsion technology, allowing it to remain submerged for extended periods of up to two weeks without surfacing, making it harder to detect and better suited for long-range underwater missions. Technology transfer terms under the deal are expected to push local content on the final vessel up to 60 percent.

Project-75I is considered one of the Indian Navy’s most significant modernisation programmes, aimed at replacing an ageing submarine fleet with next-generation vessels offering improved stealth, longer underwater endurance and stronger combat systems. The agreement would also secure a substantial long-term order pipeline for Mazagon Dock Shipbuilders’ Mumbai facility.

The submarine programme has become a key marker of India-Germany defence industrial cooperation, reflecting a broader shift from symbolic engagement toward substantive joint production and technology partnerships between the two countries.