Key Points
New Delhi: Moving towards greater indigenous acquisitions, the Indian Army for last two financial years, 2022-23 and 2023-24, inked all its contracts under capital procurements, including those under emergency category, with local companies...
It is unclear whether contracts with foreign vendors that received AoN were either signed at all or directed to Indian companies...
In addition, to increase procurements from indigenous industry and lower dependence on foreign vendors, the Ministry of Defence had mandated the services to procure 50 percent of contracts in the first three tranches from the domestic industry..
Among the items that the Army signed contracts for during 2023-2024 are telescopic sight for assault rifles, border security systems, remotely piloted aerial vehicles, AI-based satellite image analysis, T-72 driving simulator, night sight for assault rifles, ALH Mk-III, and BMP-II upgradation...
Under emergency procurements, it signed contracts for ballistic helmets with SMPP Ltd, Combat Weapon Training Simulator with Zentech Pvt Ltd, Quick Reaction Force vehicle with Bharat Forge, Light Strike Vehicle with Force Motors, Remotely Piloted Aerial Vehicle with Aeroarc Pvt Ltd, Hand Held Thermal Imager (HHTI) with TASL, loitering munitions, vehicle mounted infantry mortar systems with Mahindra Defence Systems Ltd and fourth generation ATGM launcher from KRAS...
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