OLIVER BURKHARD
India can be a hub for making submarines in the APAC region, says Thyssenkrupp exec
TKMS has partnered with Mazagon Dock Shipbuilders Ltd (MDL) and the two have jointly bid for the Indian Navy's Project-75I to build six advanced submarines, which are estimated to cost over Rs 45,000 crore. These submarines are to be made while opting for significant domestic value addition. "This Indian project has the same pattern as we have for South America. India could be the hub for our technology to produce them for some other countries in the Asia Pacific," he said.
Germany fully backs submarine negotiations with India, wants to offer military cooperation alternatives to New Delhi: German envoy
Germany's Ambassador to India, Philipp Ackerman, has expressed full support for the negotiations between the German firm Thyssenkrupp Marine Systems and the Indian Navy for Project 75 India, which aims to build six new conventional submarines. The project, worth over six billion euros, is a key element of Germany's business strategy in Asia, aimed at diversifying its business relations due to various reasons, including the challenging behavior of India's northern neighbor. Germany is committed to teaming up with an Indian dockyard to build high-tech submarines in India, accelerating the defense partnership between the two countries.
ThyssenKrupp bags Rs 410 crore contract from Indian Navy to refit Shishumar submarine
The move will help the company establish itself as a long-term player for India's strategic needs.
Thyssenkrupp accepts CEO Heinrich Hiesinger's resignation
It said the rest of the management board, comprising Guido Kerkhoff, Oliver Burkhard and Donatus Kaufmann, would lead the group without a CEO for the time being.
Thyssenkrupp strikes pact with workers ahead of Tata merger
As part of the agreement made with workers' union IG Metall last night, Thyssenkrupp employees have won a guarantee of job security until September 30, 2026.
If there are opportunities in India, the group will go for them: Oliver Burkhard, Thyssenkrupp
"We have planned an investment this year in our electrical steel plant. It's a special grade that you need for energy, for power transmission, and India is importing it from China, Korea. "
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Thyssenkrupp in talks with Tata Steel, others for European steel making facility
Thyssenkrupp AG, said, we expect consolidation in the European steel industry for steelmakers to stay afloat. We don't know when and with whom we will close the deal.
Thyssenkrupp inaugurates its multi-purpose elevator facility in Chakan, Pune
The industrial facility is designed for an initial capacity of manufacturing 6000 elevator units, extendable to 10,000 in the course of the next two years.
ThyssenKrupp plans its first elevator plant in India
Top company officials said the ground-breaking ceremony for the proposed multipurpose plant at Chakan in Pune which would have a capacity to manufacture 6,000 elevators per annum is slated for October 13.
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