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

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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 Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement