"Pakistan will take appropriate steps to safeguard its security without entering an arms race," foreign office spokesman Abdul Basit said.
The submarine, unveiled at a ceremony on Sunday, will be able to launch missiles at targets 700km away.
At Sunday's launch, Prime Minister Manmohan Singh said India had no aggressive designs on anyone.
India has become only the sixth country in the world to build its own nuclear-powered submarine - until now only the US, Russia, France, Britain and China had the capability to do so.
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