{"id":26769,"date":"2016-01-11T20:14:03","date_gmt":"2016-01-11T20:14:03","guid":{"rendered":"https:\/\/one.sightlinemg.com\/defensenews\/uncategorized\/2016\/01\/11\/reliance-defence-to-build-yard-for-sub-construction\/"},"modified":"2026-08-07T22:20:26","modified_gmt":"2026-08-07T22:20:26","slug":"reliance-defence-to-build-yard-for-sub-construction","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/defensenews\/naval\/2016\/01\/11\/reliance-defence-to-build-yard-for-sub-construction\/","title":{"rendered":"Reliance Defence To Build Yard for Sub Construction"},"content":{"rendered":"\n<p>NEW DELHI \u2014 Eyeing the\u00a0Indian Navy&#8217;s plan\u00a0to build six nuclear attack submarines, private sector Reliance Defence has\u00a0announced it will <span class=\"rte rte-comment\">plans to <\/span>set up a dedicated shipyard close to the\u00a0<span class=\"rte rte-comment\">Indian <\/span>Navy&#8217;s shipyard at Visakhapatnam to build nuclear submarines.<\/p>\n\n\n\n<p>The shipyard <span class=\"rte rte-comment\">to build \u00a0the nuclear \u00a0submarines \u00a0<\/span>will &#8220;be\u00a0co-located with the Indian Navy&#8217;s strategic base and Bhabha Atomic Research Centre (BARC&#8217;s) nuclear facility at Rambilli 70 kilometers\u00a0south of Vizag,&#8221; according to a Sunday statement by <span class=\"rte rte-comment\">the official release \u00a0January \u00a010 of \u00a0<\/span>Reliance Defence, <span class=\"rte rte-comment\">Ltd, \u00a0<\/span>a subsidiary of Reliance Infrastructure owned by billionaire Anil Ambani.<\/p>\n\n\n\n<p>Speaking at a summit\u00a0in Vishakhapatnam, <span class=\"rte rte-comment\">Anil <\/span>Ambani said the facility will be built with <span class=\"rte rte-comment\">at <\/span>an initial investment of $757 million,\u00a0adding that the facility could lead to the creation of an\u00a0<span class=\"rte rte-comment\">a multi-tier <\/span>array of defense ancillaries with further investments of up to $1.5 billion.<\/p>\n\n\n\n<p>Commenting on the status of the\u00a0<span class=\"rte rte-comment\">\u00a0 Indian <\/span>Navy&#8217;s aircraft carrier and submarines, Ambani said: &#8220;The US\u00a0today has 10 aircraft-carrier groups operating around the world to project its power and protect its interests and was on course to add another three, while India had barely one.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;Similarly, while the US has 72 submarines and China 69, India has a small fleet of 17 submarines.&#8221;<\/p>\n\n\n\n<p>A Defence Ministry <span class=\"rte rte-comment\">of \u00a0 Defence \u00a0(MoD) \u00a0<\/span>official, however, said the\u00a0<span class=\"rte rte-comment\"> Indian <\/span>Navy will invest up to $45 billion to add new warships, submarines and aircraft\u00a0carriers in the\u00a0next 15<span class=\"rte rte-comment\">fifteen<\/span> \u00a0years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;The government has given approvals for six new nuclear attack submarines in early 2015 and the Indian Navy aims to have 200 warships by 2027,&#8221;\u00a0the\u00a0MoD official said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Email:<\/strong>\u00a0<a href=\"mailto:vraghuvanshi@defensenews.com\">vraghuvanshi@defensenews.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Defence said it will set up a shipyard close to the Indian Navy&#8217;s shipyard at Visakhapatnam to build nuclear submarines.<\/p>\n","protected":false},"author":7,"featured_media":58943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_meta-robots-noindex":"","_yoast_wpseo_meta-robots-nofollow":"","_yoast_wpseo_canonical":"","_acf":"","_yoast_wpseo_primary_category":16,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_smg_distribution_targets":[]},"categories":[33,16],"tags":[],"coauthors":[3390],"class_list":["post-26769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home","category-naval"],"acf":{"subheadline":"","legacy_arc_id":"D22AIHW2ZBA6LH63AMP2OC6YNY","arc_canonical_url":"\/naval\/2016\/01\/11\/reliance-defence-to-build-yard-for-sub-construction\/","remove_feature_photo":false,"is_sponsored":false,"subtype":"","redirect_url":"","disable_inline_ads":false,"native_logo_pretext":"Presented 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