financetom
Economy
financetom
/
Economy
/
INS Vela: Here's all you need to know about India's fourth Scorpene class submarine
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
INS Vela: Here's all you need to know about India's fourth Scorpene class submarine
May 6, 2019 5:56 AM

The Indian Navy on Monday launched fourth of the sixth Scorpene class submarines, INS Vela, equipped with modern machinery and technology to guard the seas. The diesel-electric attack submarines, Scorpene, has been launched by the state-owned Mazagon Dock Shipbuilders Limited (MDL) after entering into a contract for the construction and transfer of technology for six Scorpene-class submarines with French collaborator Naval Group (formerly known as DCNS).

Share Market Live

NSE

According to the agreement the Scorpene class submarines were manufactured in India by Mazagon.

INS Vela was first commissioned on August 31, 1973 in the Indian Naval service and continued to serve for 37 years. It was the oldest submarine of the country when it was decommissioned on June 25, 2010, MDL said in a statement.

Scorpene's features include superior and modern technology and the ability to launch powerful attacks on the enemy using precision-guided weapons. The submarine class is essentially a modified version of their nuclear propulsion or, in a non-technical term, thrust, system for which the heat is generated by ethanol and oxygen.

Since the submarine class is a diesel type, it may not be able to remain submerged for a long duration and will have to resurface and recharge its batteries using a snorkeling pipe. This could be one of the drawbacks of the submarine. However, INS Vela will undergo a number of tests by the Indian Navy before it gets commissioned in the defence fleet.

The Scorpene can also launch missiles underwater and can extreme temperatures.

The development is a significant move by India as, recently, the Chinese have been increasing their fleet and their presence in Indian waters.

First Published:May 6, 2019 2:56 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US Dollar Rises Early Thursday Ahead of Jobless Claims, Personal Income, Employment Cost Index Data
US Dollar Rises Early Thursday Ahead of Jobless Claims, Personal Income, Employment Cost Index Data
Jul 31, 2025
07:59 AM EDT, 07/31/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Thursday, except for a decline versus the euro, ahead of another full data schedule, starting with weekly jobless claims, personal income, spending and price data for June and employment cost index data for Q2. Chicago purchasing managers' index data for July is due...
Trump again slams Fed chair Powell after rates hold
Trump again slams Fed chair Powell after rates hold
Jul 31, 2025
WASHINGTON (Reuters) -U.S. President Donald Trump again criticised Federal Reserve Chairman Jerome Powell on Thursday, a day after the U.S. central bank held interest rates steady in a 9-2 vote. Jerome Too Late Powell has done it again!!! He is TOO LATE, Trump wrote in a post on his social media platform. Put another way,Too Late is a TOTAL LOSER,...
US inflation picks up in June; consumer spending rises moderately
US inflation picks up in June; consumer spending rises moderately
Jul 31, 2025
WASHINGTON (Reuters) -U.S. inflation increased in June as tariffs on imports started raising the cost of some goods, supporting economists' expectations that price pressures would pick up in the second half of the year. The personal consumption expenditures (PCE) price index rose 0.3% last month after an upwardly revised 0.2% gain in May, the Commerce Department's Bureau of Economic Analysis...
'Delusional World:' Analyst Slams Jerome Powell's Inaction As Experts Debate Possibility Of Six Cuts Starting September
'Delusional World:' Analyst Slams Jerome Powell's Inaction As Experts Debate Possibility Of Six Cuts Starting September
Jul 31, 2025
While the Federal Reserve’s decision to hold interest rates steady was widely anticipated, a rare dual dissent and nuanced language in the FOMC statement have left experts divided on whether Chair Jerome Powell will hold steady through 2025 or embark on aggressive rate cuts. What Happened: Highly critical of the Fed, Louis Navellier, the founder and chief investment officer at...
Copyright 2023-2026 - www.financetom.com All Rights Reserved