Russia says that it wants to make India a global hub for the upgrade, maintenance and repair of conventional submarines and its leading shipyard is in final talks to select an Indian joint venture partner for a mega project to set up facilities here.
With contracts worth several thousand crores in the offing for the upgrade of Russian origin diesel electric submarines — several from the Indian Navy itself — the joint venture has the potential of making the selected Indian shipyard a serious player in the international market. Deatils
![russia-wants-to-make-india-global-hub-for-submarine-upgrade-maintenance-and-repair[1]](http://www.abudhabi2.com/wp-content/uploads/2015/07/russia-wants-to-make-india-global-hub-for-submarine-upgrade-maintenance-and-repair1.jpg)