MoD Signs Rs 46 Billion Deals for Carbines, Torpedoes
ECONOMY & POLICY

MoD Signs Rs 46 Billion Deals for Carbines, Torpedoes

The Ministry of Defence has recently signed contracts worth a total of Rs 46 billion for the procurement of Close Quarter Battle (CQB) Carbines and Heavy Weight Torpedoes, reinforcing the modernisation of India’s armed forces. The agreements were inked in the presence of Defence Secretary Rajesh Kumar Singh at South Block, New Delhi.

Under the first contract, over 0.425 million CQB Carbines along with accessories, valued at Rs 27 billion, will be supplied to the Indian Army and the Indian Navy. The contracts were awarded to Bharat Forge Limited and PLR Systems Private Limited. The induction of the indigenous CQB Carbine will replace legacy systems and significantly enhance close-combat lethality through its compact design and high rate of fire, in line with the Aatmanirbhar Bharat and Make-in-India initiatives. The programme is also expected to support MSMEs, generate employment and strengthen the domestic defence manufacturing ecosystem.

In a separate agreement, the MoD signed a Rs 18.96 billion contract with WASS Submarine Systems S.R.L. for the procurement and integration of 48 Heavy Weight Torpedoes for the Indian Navy’s Kalvari Class (Project-75) submarines. The acquisition will enhance the combat capability of the six submarines, with deliveries scheduled to commence from April 2028 and conclude by early 2030.

The torpedoes feature advanced technologies and high operational performance, reflecting the Government’s commitment to equipping the Indian Navy with niche and mission-critical capabilities. During FY 2025–26, the Ministry of Defence has signed capital acquisition contracts worth Rs 1.8 trillion, underscoring the sustained push towards armed forces modernisation.

The Ministry of Defence has recently signed contracts worth a total of Rs 46 billion for the procurement of Close Quarter Battle (CQB) Carbines and Heavy Weight Torpedoes, reinforcing the modernisation of India’s armed forces. The agreements were inked in the presence of Defence Secretary Rajesh Kumar Singh at South Block, New Delhi. Under the first contract, over 0.425 million CQB Carbines along with accessories, valued at Rs 27 billion, will be supplied to the Indian Army and the Indian Navy. The contracts were awarded to Bharat Forge Limited and PLR Systems Private Limited. The induction of the indigenous CQB Carbine will replace legacy systems and significantly enhance close-combat lethality through its compact design and high rate of fire, in line with the Aatmanirbhar Bharat and Make-in-India initiatives. The programme is also expected to support MSMEs, generate employment and strengthen the domestic defence manufacturing ecosystem. In a separate agreement, the MoD signed a Rs 18.96 billion contract with WASS Submarine Systems S.R.L. for the procurement and integration of 48 Heavy Weight Torpedoes for the Indian Navy’s Kalvari Class (Project-75) submarines. The acquisition will enhance the combat capability of the six submarines, with deliveries scheduled to commence from April 2028 and conclude by early 2030. The torpedoes feature advanced technologies and high operational performance, reflecting the Government’s commitment to equipping the Indian Navy with niche and mission-critical capabilities. During FY 2025–26, the Ministry of Defence has signed capital acquisition contracts worth Rs 1.8 trillion, underscoring the sustained push towards armed forces modernisation.

Next Story
Resources

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Next Story
Real Estate

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Next Story
Real Estate

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement