[ThyssenKrupp and India's Mazagang Shipyard sign an agreement to build submarines for the Indian Navy] Xinhua News Agency, according to Reuters and German news agency, during German Defense Minister Boris Pistorius's visit to India, ThyssenKrupp Marine Systems, a subsidiary of Germany's ThyssenKrupp Group, signed a memorandum of understanding with India's Mazagang Shipyard Shipyard Co., Ltd. to participate in the bidding of the Indian Navy. Up to six submarines are planned to be built in India. It is reported that the value of the tender is about 5.2 billion US dollars. ThyssenKrupp said that as part of the partnership, the company would be responsible for engineering and design, while the Indian company would be responsible for submarine construction and delivery.