Seen here in the picture is the Indian Army Armoured Corps T-90 ‘Bhishma’ main battle tank. Credit: cell105.

The Indian Defence Ministry’s decision-making body on procurement, the Defence Acquisition Council (DAC), has approved the projects worth Rs33bn ($465.91m) to purchase local defence equipment.

Chaired by India Defence Minister Rajnath Singh, the DAC cleared the projects, which will be designed, developed and manufactured by Indian companies.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The approval is seen as a boost to the government’s ‘Make in India’ initiative in defence.

In a release, the Ministry of Defence (MoD) revealed that the first two projects include the manufacturing of the third-generation anti-tank guided missiles (ATGM) and the auxiliary power units (APUs) for the T-72 and T-90 Tanks.

The MoD said: “While the third-generation ATGM would provide ‘Fire and Forget’ and ‘Top Attack’ capabilities to the troops in an armoured battle, the APUs would enable incorporation of various upgrades to fire control system and night fighting capabilities of the tanks.

“Both these projects will be progressed under the ‘Make-II’ category and will provide a boost to indigenous research and development in the private sector.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The go-ahead for the projects means Indian private firms will design and manufacture complex defence equipment for the MoD for the first time, the release added.

The third project involves the development of discrete electronic warfare (EW) systems for the mountain and high-altitude terrain.

State-owned Defence Research and Development Organisation (DRDO) has been selected for the design and development of the systems.

DRDO’s private design and production partner from the industry will be responsible for manufacturing the EW systems.

In April, media sources reported that the Indian Government cleared the acquisition of 464 T-90 tanks for the Indian Army.

The T-90 will replace the T-72 tanks as the main tank of the army’s armoured forces.