MoD Awards Rs 8.58 Billion Contracts For Tunguska And P8I Depot Inspection

31 Mar 2026 CW Team

The procurement contract for the Tunguska Air Defence Missile System, valued at Rs 4.45 billion (bn), was concluded with JSC Rosoboronexport of Russia for supply to the Indian Army. The systems are expected to augment multilayered defence against aircraft, unmanned aerial systems and cruise missiles. The arrangement is also framed as a reinforcement of the longstanding Indo-Russian defence partnership. Delivery schedules and training provisions will be finalised under contract terms.

A separate contract worth Rs 4.13 billion (bn) covers depot level inspection of the P8I fleet and was awarded to Boeing India Defense Private Ltd, a wholly owned Indian subsidiary of Boeing, under the Buy Indian category with 100 per cent Indigenous Content. The work will be carried out at an in-country maintenance, repair and overhaul facility to provide depot level maintenance for the P8I aircraft. The programme is aligned with Government of India initiatives on Aatmanirbhar Bharat and Make-in-India. The local maintenance work is expected to build specialised skills.

The combined contracts are intended to ensure sustained availability of critical platforms and to foster in-country maintenance capabilities while preserving strategic supply relationships. The MoD will oversee implementation to meet timelines and operational requirements. Stakeholders expect the contracts to support domestic industry and to contribute to long term capability sustainment. Budgetary allocations have been made within existing defence plans.

The Ministry of Defence (MoD) has signed contracts totalling Rs 8.58 billion (bn) for the procurement of the Tunguska Air Defence Missile System and for depot level inspection of the P8I Long-Range Maritime Reconnaissance Aircraft. The agreements were finalised at Kartavya Bhawan-2 in New Delhi on 27 March 2026. The packages are intended to strengthen air defence posture, sustain maritime reconnaissance capability and to enhance operational readiness and domestic maintenance capacity. The contracts follow routine procurement procedures and represent strategic acquisitions. The procurement contract for the Tunguska Air Defence Missile System, valued at Rs 4.45 billion (bn), was concluded with JSC Rosoboronexport of Russia for supply to the Indian Army. The systems are expected to augment multilayered defence against aircraft, unmanned aerial systems and cruise missiles. The arrangement is also framed as a reinforcement of the longstanding Indo-Russian defence partnership. Delivery schedules and training provisions will be finalised under contract terms. A separate contract worth Rs 4.13 billion (bn) covers depot level inspection of the P8I fleet and was awarded to Boeing India Defense Private Ltd, a wholly owned Indian subsidiary of Boeing, under the Buy Indian category with 100 per cent Indigenous Content. The work will be carried out at an in-country maintenance, repair and overhaul facility to provide depot level maintenance for the P8I aircraft. The programme is aligned with Government of India initiatives on Aatmanirbhar Bharat and Make-in-India. The local maintenance work is expected to build specialised skills. The combined contracts are intended to ensure sustained availability of critical platforms and to foster in-country maintenance capabilities while preserving strategic supply relationships. The MoD will oversee implementation to meet timelines and operational requirements. Stakeholders expect the contracts to support domestic industry and to contribute to long term capability sustainment. Budgetary allocations have been made within existing defence plans.

Infrastructure Urban

31 Mar 2026

India and UK Review CETA Progress at WTO Ministerial

On the sidelines of the 14th World Trade Organization (WTO) Ministerial Conference in Yaounde, Cameroon, Union Minister of Commerce and Industry Shri Piyush Goyal met the United Kingdom (UK) Secretary of State for Business and Trade Mr Peter J Kyle. The meeting saw both ministers exchange views on the MC-14 agenda and review progress on the implementation of the India-United Kingdom Comprehensive Economic and Trade Agreement (CETA) signed in July 2025. The discussion reviewed implementation milestones and procedural steps toward ratification and operationalisation. Goyal noted that India has c..

Infrastructure Urban

31 Mar 2026

Goyal Holds Bilateral Talks With EU Trade Commissioner

On the sidelines of the 14th World Trade Organization (WTO) ministerial conference in Yaounde, Cameroon, Union Minister of Commerce and Industry Shri Piyush Goyal held a bilateral meeting with European Union (EU) Trade Commissioner Maros Sefcovic. The meeting examined the MC?14 agenda and assessed progress on work to finalise the recently concluded India?European Union free trade agreement (FTA). Both sides also considered avenues to further enhance bilateral trade and economic cooperation. On WTO reforms, both leaders agreed on the necessity of substantive change and underlined that reform ef..

Infrastructure Urban

31 Mar 2026

L&T Secures Significant Orders For Buildings And Factories Business

The Buildings and Factories (B&F) business vertical of Larsen & Toubro (L&T) has secured multiple orders across several states in India, including new contracts and add-on work in ongoing projects. In Gujarat the unit won an order for the construction of a float glass plant, with the scope covering design and construction of all civil, steel, mechanical, electrical and plumbing work and associated external development. In Andhra Pradesh the business secured an order from a leading two-wheeler manufacturer for the construction of a state-of-the-art manufacturing facility, encompassing civil, st..