May 14, 2018: Army has finalised a mega 15,000 crore rupees project under which a range of ammunition for its critical weapons and tanks will be produced indigenously. Official sources said, 11 private firms would be involved in the ambitious project.
Initially, ammunition for a range of rockets, air defence system, artillery guns, infantry combat vehicles, grenade launchers and various other field weapons would be produced under strict timelines.
The immediate aim of the project is to create an inventory for all major weapons to enable the forces to fight a 30-day war while the long-term objective is to cut dependence on imports.
Army have set a specific target for the next 10 years in terms of the volume of ammunition to be produced. The implementation of project is being monitored by the top brass of the Army and the Defence Ministry. (AIR News)
