NEW DELHI (Sputnik) — Indian Pipavav shipyard, owned by billionaire Anil Ambani's Reliance Group, will be Russia's local partner for the joint Indo-Russian Project 1135.6, valued at more than $3 billion, to build 3 to 4 military vessels, the newspaper said.
According to the media outlet, Russia has already informed the Indian Ministry of Defense about the choice of Pipavav as its partner for the project.
Since 2003, Russia has provided six frigates to India under Project 1135.6, built in the Russian cities of St. Petersburg and Kaliningrad.
Talwar-class frigates, designed and built by Russia for the Indian Navy, are capable of finding and eliminating enemy submarines as well as large surface ships.
