+
India Inks Rs 69-Bn Deals with Bharat Forge, Tata for Guns, Vehicles
DEFENSE

India Inks Rs 69-Bn Deals with Bharat Forge, Tata for Guns, Vehicles

The Ministry of Defence (MoD) has signed contracts worth Rs 69 billion with Bharat Forge and Tata Advanced Systems for the acquisition of 155mm/52 calibre Advanced Towed Artillery Gun Systems (ATAGS) and 6x6 High Mobility Vehicle gun towing trucks. These advanced artillery systems are designed to replace older, smaller-calibre guns currently in use, offering superior precision, extended firing range, and greater firepower to the Indian Army.

This acquisition marks a significant milestone as it is the first major procurement of towed artillery guns from the private sector. It is a strategic step toward boosting India’s domestic defence manufacturing capabilities under the Aatmanirbhar Bharat initiative. The involvement of private defence companies like Bharat Forge and Tata Advanced Systems reflects a growing emphasis on indigenous production and self-reliance in defence technology.

With this procurement, the total value of capital acquisition contracts signed by the MoD in the financial year 2024-25 has reached Rs 1.40 trillion. The ATAGS project is a collaborative effort led by the Defence Research and Development Organisation (DRDO), with the Armament Research and Development Establishment (ARDE), Pune, playing a central role in its development. The project director from ARDE was recognised during the signing event for his significant contribution.

This development is expected to not only modernise the Indian Army’s artillery capabilities but also stimulate growth in India’s defence industrial base, particularly in gun manufacturing. It underscores the government’s commitment to promoting domestic defence production and reducing reliance on imports.

News source: CNBC TV18

The Ministry of Defence (MoD) has signed contracts worth Rs 69 billion with Bharat Forge and Tata Advanced Systems for the acquisition of 155mm/52 calibre Advanced Towed Artillery Gun Systems (ATAGS) and 6x6 High Mobility Vehicle gun towing trucks. These advanced artillery systems are designed to replace older, smaller-calibre guns currently in use, offering superior precision, extended firing range, and greater firepower to the Indian Army. This acquisition marks a significant milestone as it is the first major procurement of towed artillery guns from the private sector. It is a strategic step toward boosting India’s domestic defence manufacturing capabilities under the Aatmanirbhar Bharat initiative. The involvement of private defence companies like Bharat Forge and Tata Advanced Systems reflects a growing emphasis on indigenous production and self-reliance in defence technology. With this procurement, the total value of capital acquisition contracts signed by the MoD in the financial year 2024-25 has reached Rs 1.40 trillion. The ATAGS project is a collaborative effort led by the Defence Research and Development Organisation (DRDO), with the Armament Research and Development Establishment (ARDE), Pune, playing a central role in its development. The project director from ARDE was recognised during the signing event for his significant contribution. This development is expected to not only modernise the Indian Army’s artillery capabilities but also stimulate growth in India’s defence industrial base, particularly in gun manufacturing. It underscores the government’s commitment to promoting domestic defence production and reducing reliance on imports. News source: CNBC TV18

Next Story
Infrastructure Energy

L&T to Build India’s Largest Green Hydrogen Plant for IOCL

The plant will be developed on a build-own-operate (BOO) model and will supply 10,000 tonnes of green hydrogen annually to IOCL for a period of 25 years. It will operate entirely on renewable energy, aligning with IOCL’s decarbonisation goals and India’s broader net-zero ambitions.Green hydrogen at the plant will be produced using high-pressure alkaline electrolysers manufactured at L&T Electrolysers Ltd’s facility in Hazira, Gujarat. This initiative further showcases L&T’s commitment to localised, self-reliant clean-tech solutions under the Aatmanirbhar Bharat mission.LTEG’s..

Next Story
Infrastructure Urban

Bansal Wire Q1 Profit Rises 24.6% to Rs 393 Mn

Bansal Wire Industries, India’s largest stainless steel wire manufacturer and second-largest steel wire maker by volume, reported a 24.6 per cent year-on-year rise in net profit to Rs 393 million for the quarter ended June 30, 2025 (Q1 FY26).During the quarter, revenue rose 14.9 per cent YoY to Rs 9,390 million, while EBITDA increased by 19.6 per cent YoY to Rs 745 million, reflecting the company's strong operational performance and focus on value-added segments.According to Pranav Bansal, MD & CEO of Bansal Wire Industries, the company has started FY26 on a strong note, building on the ..

Next Story
Infrastructure Urban

Lemon Tree Opens Keys Lite Hotel in Banswara, Rajasthan

Lemon Tree Hotels has launched its latest property, Keys Lite by Lemon Tree Hotels, Banswara, further expanding its footprint in Rajasthan. This marks the group’s 11th operational hotel in the state and continues its focus on providing quality stays in emerging travel destinations.The newly launched managed hotel features 54 well-appointed rooms, a multi-cuisine restaurant – Keys Café, a fitness centre, and spacious banquet and conference facilities, catering to both leisure and business travellers.Located in southern Rajasthan, Banswara is known as the “City of Hundred Islands” for t..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?