Army Contracts Worth ₹1,577 Crore Awarded

The Hindu · india

Two Indian firms, TASL and NIBE, have secured Army contracts totaling ₹1,577 crore for loiter munitions. The deals were finalized in New Delhi under the 'Buy Indian' category, utilizing the Fast Track Procedure. Defence Secretary Rajesh Kumar Singh was present during the signing. This development signifies a boost to indigenous defence manufacturing capabilities and strengthens the Indian Army's arsenal with domestically produced advanced weaponry.