Defence ministry signs Rs 19.9 bln deal with Mazagon Dock Shipbuilders

New Delhi: India's defence ministry said on Monday it had signed a 19.9 billion rupees ($233 million) contract with Mazagon Dock Shipbuilders for technology that allows submarines to stay underwater for longer.

The ministry also signed a 8.7 billion rupees ($102 million) contract with France's Naval Group for integration of torpedoes on Indian navy submarines to increase their firepower.

($1 = 85.5040 Indian rupees)