Echo_419
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According to Prasun Sengupta, GSL had since the 1980s had a tie-up with Intermarine SA of Italy, which was the L-2 bidder in the cancelled MCMV tender (where Kangnam was L-1). This project appears secure, it might take time, but IN's gonna get a larger number of minesweepers than previously planned (12 vs 8) and most of the money would be pumped back into Indian industry.
Great move!
Indeed navy wool get more & so the Indian industry but it will take a decade(according to the article) for the 1st vessels to arrive