New Delhi: The Ministry of Defence has signed more than 180 contracts valued at over Rs 1,96,000 crore with the Indian Industry since 2014 while a few are in the pipeline to be signed in near future.
A contract for manufacture of Frigates under Project P 17A was signed in February 2015 with Mazagon Dockyards Limited (MDL), Mumbai valued at Rs. 45,000 crores while 02 Frigates under Project P1135.6 are slated to be manufactured by Goa Shipyard Limited (GSL) under a contract signed in Oct 2018 valued at Rs. 14,100 Crore.
Further, contracts for manufacture of 41 Advanced Light Helicopters for Indian Air Force (IAF) and 32 ALH for Indian Navy (IN) have been signed with Hindustan Aeronautics Limited (HAL) in March 2017 and Dec 2017 with a combined value of Rs. 14,100 crore. This is in addition to procurement of 14 Dornier 228 aircrafts from M/s HAL valued at Rs. 1100 crore through a contract signed in February 2015.
Seven Squadrons of Akash Missile System are being procured from BEL through a contract of October 2019 valued at Rs. 6,300 crore as also the Integrated Advanced Command and Control System (IACCS) Nodes valuing Rs. 7,900 crore.
OFB has been tasked to supply 464 T-90S/SK tanks worth Rs. 19,100 crore for which indent has been placed on it by the Ministry as recently as November 2019. Also 100 Nos. of 155x52mm cal Self-Propelled Guns are being procured under the ‘Make in India’ initiative of the government from Ms/ L&T valued at Rs. 4,300 crore.
Also Contract for Modernization of Airfield Infrastructure (MAFI) to be executed through Indian vendors is under final stages of contracting.
