New Delhi, India – The Ministry of Defence (MoD), Govt of India, has signed five major contracts worth INR 39 000 crore (US$ 4.7 billion) to further the ‘Make in India’ initiative in the defence sector. These deals include arming the Indian Navy and Army with BrahMos supersonic cruise missiles, close-in weapon systems, high-power radars, and MiG-29 fighter plane aero-engines.
The Ministry emphasized that these agreements would enhance indigenous capabilities, reduce reliance on foreign equipment, and save foreign exchange. Two deals with BrahMos Aerospace Private Ltd cover 200 BrahMos missiles and ship-borne BrahMos systems, greenlit earlier by the Cabinet Committee on Security.
The BrahMos missiles will fulfill the combat and training needs of the Indian Navy, generating substantial employment. Additionally, Larsen & Toubro Ltd secured contracts for close-in weapon systems and high-power radars with advanced surveillance features. Hindustan Aeronautics Ltd also received a contract for RD-33 aero engines for MiG-29 aircraft. BrahMos, the world’s fastest cruise missile with Mach 2.8 speed, is deployed on land, air, and sea platforms in the Indian armed forces. India’s motive behind domestic defence manufacturing is consistent with its strategic goals of catering to the needs of its armed forces and increasing the country’s defence exports. These contracts symbolize a big step towards self-reliance in defence and technological advancement.
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