Government Finalizes Agreements Worth ₹2,500 Crore for Indigenous Anti-Tank Weapon Systems and Light Vehicles
Click to start listening
Synopsis
On March 27, the Ministry of Defence signed contracts totaling ₹2,500 crore for the Nag Missile System and 5,000 light vehicles, promoting self-reliance in defense production. These agreements support indigenous manufacturing and aim to enhance the Indian Army's operational capabilities.
Key Takeaways
- Ministry of Defence contracts worth ₹2,500 crore
- Procurement includes Nag Missile System (NAMIS) and light vehicles
- Promotes self-reliance in defense
- Support for MSME sector
- Enhances Indian Army's capabilities
New Delhi, March 27 (NationPress) The Ministry of Defence has officially inked a contract with the public sector company Armoured Vehicle Nigam Limited for the acquisition of the Nag Missile System (NAMIS) tracked variant of the anti-tank weapon platform. Furthermore, an additional agreement was established with Force Motors Ltd and Mahindra & Mahindra Ltd for approximately 5,000 light vehicles to serve the armed forces, totaling around ₹2,500 crore.
These agreements fall under the "Buy Indian - Indigenously Designed Developed and Manufactured" category, aligning with the government’s initiative to foster self-reliance in defence production.
The total cost for the NAMIS (Tr) weapon system, innovated by the Defence Research & Development Laboratory of DRDO, stands at ₹1,801.34 crore. This order represents a crucial milestone in upgrading the anti-tank capabilities of the Mechanised Infantry, enhancing the Indian Army's operational effectiveness across a broad range of operations, as stated by the Defence Ministry.
The NAMIS (Tr) is regarded as one of the most advanced anti-tank weapon systems, equipped with a fire-and-forget anti-tank missile and a sophisticated sighting mechanism that boosts its firepower and lethality. According to the statement, this weapon system is poised to revolutionize mechanized operations and provide a tactical edge against foes.
The modern light vehicles, to be manufactured by private sector partners, are engineered for improved engine capacity, accommodating a payload of 800 kg. This will enhance mobility for the Armed Forces across diverse terrains and operational scenarios, as explained in the statement.
Both acquisitions will significantly bolster indigenization and the domestic defence equipment manufacturing sector. The projects are expected to generate substantial direct and indirect employment opportunities by supporting the MSME sector through component manufacturing, the statement elaborated.
This procurement signifies a vital leap towards modernizing the nation’s defence framework and empowering local industries, in accordance with the vision of Aatmanirbhar Bharat.
