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when it comes to IN, not every ₹ spent directly translates to $ outflow.Well Navy's capital budget last year was 62,545 crore -7.5 billion usd approx.
2 initial SSN will come by 2038-40.
So navy has to pay for all these things from now to 2040. Which is 15 years.
Even if we consider this year's capital budget to similar 7.5 Billion usd ( thanks to falling rupee) and project a reasonable 10% per annum growth to naval capital budget navy will have approx 240 billion usd to spend from 2025-2040.
3 more scorpion should cost 4 billion usd.
6 p75i should be 7-8 billion usd.
6 p76 should be 10-12 billion usd .
And 2 SSN should be 7-8 billion usd.
So submarines should take approx 30-35 billion usd only. As per current plan.
26 rafale will cost 7-8 billion.
IAC-2 if approved by 2030 should cost 5-6 billion usd for the ship only.IAC -1 was 3 billion usd.
That is all rounded up under 50 billion usd.
we don't know how much exactly, but a large portion of what MDL is quoting for these 3 will stay in the country as INR. MDL seems to be saying 60% IC.
originally MDL quoted 40,000 cr ₹.
![www.cnbctv18.com](/proxy.php?image=https%3A%2F%2Fimages.cnbctv18.com%2Fuploads%2F2024%2F05%2Fmazagon-dock-shipbuilders1-2024-05-45f3ccf357175645afc33024fc5e94cc.jpg%3Fim%3DFitAndFill%2Cwidth%3D500%2Cheight%3D300&hash=b587737ffd9a5290e712bc3322fbcbfd&return_error=1)
Mazagon Dock, BEL to play key roles in latest submarine orders, says Navy Chief - CNBC TV18
BEL is said to play a key rolein the submarine program, while the submarines will be constructed through a collaboration between the French Naval Group and Mazagon Dock.
last year, a lot of folks were worried about production gap at MDL after kalvari delivery. this is the price to pay to sustain the production line.