In fact, a Rs 40,000-crore project is currently under consideration with the Cabinet Committee on Security for building two 6,000-tonne 'hunter-killer' nuclear-powered attack submarines, which will be armed with torpedoes and land-attack and anti-ship missiles.
According to reports, this includes five Arihant-class and six nuclear attack submarines, which will be constructed in three phases.
During his address, Singh also expressed confidence that INS Arighat would "establish strategic balance and peace in the region", adding that it will "play a decisive role in the country's security".
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