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Aatmanirbhar Bharat: Rs 2000 crore anti-tank missile to be procured for Army

7 months ago 64

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As per the BDL website, the missile can "destroy armoured vehicles equipped with Explosive Reactive Armour" upto the range of five Kilometers (5000 M).

The Missile is to be procured under the 'Buy (Indian)' category which, the MoD, refers to the procurement of products from an Indian vendor meeting one of the two conditions: products that have been indigenously designed, developed and manufactured with a minimum of 50% Indigenous Content (IC) on cost basis of the total contract value; or products, which may not have been designed and developed indigenously, having 60% IC on cost basis of the total contract value.

These missiles are manufactured by BDL under technical collaboration with Rosoboronexport of Russia.

The procurement, MOD said, underscores "the Government's efforts to meet the operational requirements of the Indian Army by leveraging the existing expertise of Defence Public Sector Undertakings, along with development of niche technologies by domestic industries towards achieving Aatmanirbharta in defence."

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