Thyssenkrupp Marine Systems (TKMS) is proposing the establishment of a global submarine and warship building hub in India to meet the rising demand for naval assets, aiming to produce platforms at lower costs for exports. TKMS is competing with L&T-Navantia to supply new submarines to the Indian Navy, with a decision expected soon. TKMS CEO Oliver Burkhard sees this initiative as an opportunity to create more jobs and develop future technologies in partnership with India.
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Russia must accept proposal for 30-day ceasefire: French President Macron
French President Emmanuel Macron urged Russia to accept the US-brokered proposal for a 30-day ceasefire in Ukraine, stressing the need to end atrocities. Macron criticized Russia for delaying statements and assured France's unwavering support for Ukraine's peace efforts, announcing a video conference with partners to address the issue. Full Article
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