INS Vela is the fourth in that series.The fifth Scorpene-class submarine will be launched soon, an MDL official said.Before Vela, MDL launched Kalvari, Khanderi, Karanj submarines.While Kalvari has been commissioned, the others are at various levels of trials and tests.INS Vela was first commissioned on August 31, 1973 in the Indian Naval Service and continued to serve for 37 years. It was the country's oldest submarine when it was decommissioned on June 25, 2010, MDL said in a statement. "Asked about possible exports from MDL, he said, "We are in talks with some companies from various countries. In some cases, the talks are at an advance stage. "MDL recently reported an annual turnover of Rs 4,500 crore, another official said.

Source: Economic Times May 06, 2019 06:45 UTC