‘Make In India’ Gets A Boost As Defence Ministry Signs Multiple Deals Worth Rs 37600 Crore
The Indian Ministry of Defense took pride on Thursday in demonstrating their commitment to Prime Minister Narendra Modi’s ‘Aatmanirbhar Bharat’ campaign by awarding contracts worth Rs 37,600 crore.
The Rs 5,498 crore agreement for Akash Missile System maintenance was included, as was a deal with BEL for Electronic Warfare Suite Equipment designed for medium-lift helicopters.
Furthermore, BrahMos Aerospace Private Limited was awarded a contract for the purchase of Next Generation Maritime Mobile Coastal Batteries (Long Range) worth Rs 1,700 crore; deliveries are expected to begin in 2027.
Furthermore, 11 Next Generation Offshore Patrol Vessels and six Next Generation Missile Vessels worth Rs 19,600 crore have been assigned to Indian shipyards, with shipments beginning in September 2026.
In addition, Bharat Dynamics Limited received an offer for an advanced Akash Weapon System and 12 Weapon Locating Radars (WLR Swathi) totaling over Rs 9,100 crore, with 82% domestic components already included with plans to increase them to 93% by 2026-27.
Finally, BEL was given the opportunity to pay more than Rs 1,700 crore for 13 Lynx-U2 Fire Control Systems designed specifically for the Indian Navy; the system can identify/engage air/surface targets even in difficult conditions such as sea clutter.
Reference: India Today, Business Today
Disclaimer :
The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Disclaimer :
The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
Do you have info to share with us ? Suggest a correction
About Author
Marine Insight News Network is a premier source for up-to-date, comprehensive, and insightful coverage of the maritime industry. Dedicated to offering the latest news, trends, and analyses in shipping, marine technology, regulations, and global maritime affairs, Marine Insight News Network prides itself on delivering accurate, engaging, and relevant information.
About Author
Marine Insight News Network is a premier source for up-to-date, comprehensive, and insightful coverage of the maritime industry. Dedicated to offering the latest news, trends, and analyses in shipping, marine technology, regulations, and global maritime affairs, Marine Insight News Network prides itself on delivering accurate, engaging, and relevant information.
- UECC Collaborates With Shipping Giants To Test CNSL-Based Biofuel Solution
- Houthis Warn Saudi Arabia Not To Support U.S Strikes Against The Group
- Maryland State Police Recovers 2 Bodies From Baltimore Harbour
- USCG Cutter “Sea Dog” Suffers Damage During Transit Into St. Marys River
- Panama Inaugurates First-of-its-kind Cruise Ship Terminal On Pacific Coast
- Two Of The Fastest U.S. Military Cargo Ships Stuck In Baltimore After Francis Scott Key Bridge Collapse
Latest Shipping News Articles You Would Like:
Subscribe To Our Newsletters
By subscribing, you agree to our Privacy Policy and may receive occasional deal communications; you can unsubscribe anytime.
Web Stories