ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

MoD Signs Rs 25 Bn Contracts for 5,000 Light Vehicles
ECONOMY & POLICY

MoD Signs Rs 25 Bn Contracts for 5,000 Light Vehicles

The Ministry of Defence (MoD) has signed contracts worth Rs 25 billion for the procurement of the Nag Missile System (NAMIS) Tracked version of the anti-tank weapon platform and 5,000 Light Vehicles for the Armed Forces. The contracts, awarded under the Buy (Indian-Indigenously Designed, Developed, and Manufactured) category, were formalised in the presence of Defence Secretary Shri Rajesh Kumar Singh in New Delhi on March 27, 2025.

NAMIS (Tr) � Advanced Anti-Tank Weapon System The NAMIS (Tr) weapon system, developed by the Defence Research & Development Laboratory (DRDL) of DRDO, has been procured at a cost of Rs 18.01 billion. This advanced system significantly enhances the Indian Army’s mechanised infantry capabilities, improving operational readiness across diverse combat scenarios. Featuring a fire-and-forget anti-tank missile and an advanced sighting system, NAMIS (Tr) provides enhanced firepower and lethality against enemy armour, offering a decisive operational advantage.

Procurement of 5,000 Light Vehicles Contracts were awarded to Force Motors Ltd. and Mahindra & Mahindra Ltd. for the procurement of 5,000 modern light vehicles. Designed with cutting-edge automotive technology, these vehicles boast enhanced engine power and can carry payloads of up to 800 kg. Built for all-terrain mobility, they will bolster troop movement and logistics capabilities in diverse operational environments.

Boosting Indigenisation & Employment Both procurements strengthen India’s self-reliance in defence manufacturing and contribute to the growth of indigenous industries. The projects also hold immense potential for direct and indirect employment generation, especially by encouraging MSMEs involved in components manufacturing.

This strategic move marks a pivotal step in modernising India’s defence infrastructure, reinforcing the nation’s commitment to Aatmanirbhar Bharat while ensuring a technologically advanced and self-sufficient military.

The Ministry of Defence (MoD) has signed contracts worth Rs 25 billion for the procurement of the Nag Missile System (NAMIS) Tracked version of the anti-tank weapon platform and 5,000 Light Vehicles for the Armed Forces. The contracts, awarded under the Buy (Indian-Indigenously Designed, Developed, and Manufactured) category, were formalised in the presence of Defence Secretary Shri Rajesh Kumar Singh in New Delhi on March 27, 2025. NAMIS (Tr) � Advanced Anti-Tank Weapon System The NAMIS (Tr) weapon system, developed by the Defence Research & Development Laboratory (DRDL) of DRDO, has been procured at a cost of Rs 18.01 billion. This advanced system significantly enhances the Indian Army’s mechanised infantry capabilities, improving operational readiness across diverse combat scenarios. Featuring a fire-and-forget anti-tank missile and an advanced sighting system, NAMIS (Tr) provides enhanced firepower and lethality against enemy armour, offering a decisive operational advantage. Procurement of 5,000 Light Vehicles Contracts were awarded to Force Motors Ltd. and Mahindra & Mahindra Ltd. for the procurement of 5,000 modern light vehicles. Designed with cutting-edge automotive technology, these vehicles boast enhanced engine power and can carry payloads of up to 800 kg. Built for all-terrain mobility, they will bolster troop movement and logistics capabilities in diverse operational environments. Boosting Indigenisation & Employment Both procurements strengthen India’s self-reliance in defence manufacturing and contribute to the growth of indigenous industries. The projects also hold immense potential for direct and indirect employment generation, especially by encouraging MSMEs involved in components manufacturing. This strategic move marks a pivotal step in modernising India’s defence infrastructure, reinforcing the nation’s commitment to Aatmanirbhar Bharat while ensuring a technologically advanced and self-sufficient military.

Next Story
Resources

RentenPe and Mygate Partner to Transform Rent Payments in India

Through a strategic partnership, RentenPe and Mygate aim to streamline rent payments and promote financial inclusion by enabling rent-based credit scores for Indian renters. RentenPe, India’s first Rent Credit Scoreâ„� platform and a pioneer in rental fintech innovation, has entered a significant alliance with Mygate, the leading community management app in the country. This partnership will transform rent transactions for millions of Indian households by embedding RentenPe’s payment and rent credit scoring technology directly within the Mygate app. With this integration, all ren..

Next Story
Real Estate

Supreme Unveils New Brand Identity to Elevate Lifestyle

Supreme, a respected name in Indian real estate with a four-decade legacy, has announced a complete rebranding. The move includes the launch of a new logo and a revamped website, both reflecting the group’s refreshed vision to ‘Elevate Lifestyleâ€�. This brand transformation represents more than a visual refresh—it marks a strategic shift in the company’s mission, visual identity and market positioning. The update will be visible across all of Supreme’s digital, social and offline communication platforms. At the core of the initiative is a renewed focus on purposeful design..

Next Story
Infrastructure Urban

Capri Loans Launches #TarrakiKeHaath Campaign Honouring India’s Everyday Heroes

Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, has unveiled its latest brand campaign, #TarrakiKeHaath, a powerful tribute to the everyday hands that build India â€� from kirana store owners and taxi drivers to dhaba workers, tailors, and carpenters. Narrated by Capri Loansâ€� long-standing brand ambassador and acclaimed actor Pankaj Tripathi, the campaign celebrates the dignity, resilience, and aspirations of self-employed individuals and small business owners who form the backbone of Bharat’s economy. Conceptualized by Rediffusion Brand Solutions, the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement