TKMS signs memorandum of understanding with Indian defence company
The Kiel-based company TKMS has signed a letter of intent in New Delhi with the Hyderabad-based company VEM Technologies Pvt. Ltd, an Indian defence company specialising in the design, development and manufacture of weapons and airborne systems. The cooperation had already been promised by Federal Chancellor Scholz in 2024 during his visit during the Indo-Pacific Deployment of the German Navy. India is a growing market for the German defence industry. Russia exports twenty times as much as Germany. India has decided in favour of the German Class 214 submarine from TKMS. The Indian government under Prime Minister Modi announced that the Kiel-based company will supply the international...
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