On Tuesday, in a negative signal that will resonate discouragingly through India’s private defence industry, the ministry of defence (MoD) plans to kill competitive tendering for a Rs 5,000 crore project to upgrade the army’s 1,500 BMP-2 infantry combat vehicles (ICVs). Instead the project is being gifted to the Ordnance Factory Board (OFB), without competition.
Capable private firms like Larsen & Toubro, Tata Motors, the Mahindras, Reliance Defence and Alpha Design Technology Ltd (ADTL) are being entrusted with designing, developing and manufacturing a high-tech Future Infantry Combat Vehicle (FICV) for the army, a “Make in India” contract about to
Capable private firms like Larsen & Toubro, Tata Motors, the Mahindras, Reliance Defence and Alpha Design Technology Ltd (ADTL) are being entrusted with designing, developing and manufacturing a high-tech Future Infantry Combat Vehicle (FICV) for the army, a “Make in India” contract about to