German defence company Thyssen Krupp Marine Systems (TKMS) is reportedly considering offering its HDW Class 214 submarines for the Indian Navy's Rs500bn ($7.97bn) P-75I project.
The P-75I project seeks to build six new-generation diesel electric submarines that will feature advanced technologies including air-independent propulsion systems and stealth land-attack capability.
The Indian Ministry of Defence issued the request for information for the P-75I programme in 2008.
TKMS India managing director Gurnad Sodhi said: "The Indian Defence Ministry is expected to issue the P-75I RFP for which we are planning to offer the Type 214 submarine, which combines best-in-class underwater endurance and diving depth.
"Since the Indian Navy has been our customers for over 30 years, we have established a strong working relationship with them and are in a position to fully satisfy their requirements. Virtually, no shipyard in the world has more experience in designing and constructing conventional submarines than TKMS Business Unit HDW."
According to Sodhi, the Class 214 diesel-electric submarines are equipped with fuel-cell based air-independent propulsion (AIP) systems and are capable of conducting anti-surface and anti-submarine operations, intelligence, surveillance, and reconnaissance missions.
The company will soon start discussions to strike a tie-up deal with leading shipyards in the country.
Sodhi explained: "This would encompass robust transfer of technology, training, meeting the offset obligations among others. TKMS is willing to bring its expertise in cutting-edge areas to India and co-develop solutions with local partners to meet the country's needs."