Germany is set to soon finalize an $8 billion submarine cooperation deal with India, with Defence Minister Boris Pistorius expressing confidence that signing could happen within the next three months. The agreement is being led by German warship maker thyssenkrupp Marine Systems and India’s Mazagon Dock Shipbuilders.
Germany expects to sign submarine deal with India 'soon', says defence minister
Germany is set to soon finalize an $8 billion submarine cooperation deal with India, with Defence Minister Boris Pistorius expressing confidence that signing could happen within the next three months. The agreement is being led by German warship maker thyssenkrupp Marine Systems and India’s Mazagon Dock Shipbuilders.
April 23, 2026
Fabian Bimmer, Ulrike Heil/Reuters
German Defence Minister Boris Pistorius looks on as he waits to receive Ukrainian Defence Minister Mykhailo Fedorov in Berlin, Germany, April 14, 2026.
Christian Mang/Reuters
Germany expects to soon sign a final agreement with India for a planned $8 billion submarine cooperation between the two countries, Defence Minister Boris Pistorius told reporters on Wednesday (April 22).
"I am very confident that I will be able to sign it soon," Pistorius said, adding he expected a signing within the next three months.
The planned deal has been in the making for months and is spearheaded by German warship maker TKMS and India's Mazagon Dock Shipbuilders.
-Fabian Bimmer, Ulrike Heil/Reuters
TOP BUSINESS STORIES
Add a Title
Add a Title
Add a Title
Hapag-Lloyd says one ship has crossed Strait of Hormuz
Europe has to make due with the money it has, says Germany's Merz
Struggling Nike will cut around 1,400 jobs in efficiency push
LATEST NEWS
Add a Title
Add a Title
Add a Title
War, drought, aid shortfall to fuel hunger in 2026, global report says
Nepal says crevasse delays opening of Everest climbing route
UN weather agency: El Niño expected to return in May and impact global weather patterns
PARALUMAN NEWS
GET IN TOUCH
desk@myparaluman.ph
Tektite Towers (East), Exchange Road
Ortigas Center. San Antonio 1600
City of Pasig, NCR, Philippines
MENU
EDITORIAL STANDARDS
© 2025 Paraluman News Publication