India Bolsters Defense with Rs 2,500 Crore Indigenous Contracts

The Indian government inked Rs 2,500 crore worth of procurement contracts to bolster the Army's operational readiness. This includes the tracked Nag Missile System and 5,000 light vehicles for the armed forces, enhancing anti-tank capabilities and mobility. These steps support indigenous manufacturing and national defense modernization.

The Indian government took a significant step towards enhancing its defense capabilities by signing two contracts worth Rs 2,500 crore. Among these is the procurement of the tracked version of the Nag Missile System (NAMIS), a sophisticated anti-tank weapon platform.

In the presence of Defence Secretary Rajesh Kumar Singh, the Ministry of Defence finalized deals with Armoured Vehicle Nigam Limited for NAMIS and a consortium of Force Motors Ltd and Mahindra & Mahindra Ltd for 5,000 light vehicles. The contracts, under the Buy (Indian-Indigenously Designed, Developed and Manufactured) category, represent a strategic maneuver to boost the Army's readiness.

The deals will not only modernize national defense but also drive indigenization. They are expected to generate employment opportunities and invigorate the MSME sector, aligning with the Aatmanirbhar Bharat vision. The contracts mark a significant realignment of military capabilities, promising robust operational advantages.

(With inputs from agencies.)