Amidst rising tensions and increased military activity in the Asia-Pacific region, India is significantly bolstering its naval capabilities with a planned investment of $31.6 billion in submarine procurement over the next decade, according to a new report by GlobalData. This move comes as other regional powers like China, South Korea, and Australia are also enhancing their underwater fleets.
A key element of this investment is the Project 75-Alpha, a program focused on the indigenous construction of six nuclear attack submarines (SSNs). Recently approved by India's Cabinet Committee on Security (CCS), Project 75-Alpha is deemed crucial for upgrading the Indian Navy's anti-submarine warfare (ASW) capabilities within the Indian Ocean Region (IOR).
GlobalData's report, "Global Submarine Market Analysis and Forecast to 2033," highlights that nearly a third (30.5%) of India's planned submarine expenditure, approximately $17 billion, will be dedicated to these advanced SSNs. The Project 75-Alpha submarines are expected to displace 6,000 tonnes and are being developed through a collaborative effort between the Defence Research and Development Organisation (DRDO), the Department of Atomic Energy, and the Indian Navy.
This substantial investment in submarine technology underscores India's commitment to maintaining a strong naval presence and ensuring regional security in the face of growing geopolitical challenges. The indigenously built Project 75-Alpha submarines are expected to play a pivotal role in enhancing India's underwater dominance and strategic deterrence in the coming years.
