Updated By: LatestGKGS Desk
Indian Army Approves Rs. 15,000 Crores Indigenous Ammunition Project
Indian Army Approves Rs. 15,000 Crores Indigenous Ammunition Project
Indian Army has approved Rs. 15,000-crore indigenous ammunition project under which range of ammunition for its critical weapons and tanks will be produced indigenously.
This initiative is claimed to be the biggest ever initiative for indigenisation of ammunition. It aims to overcome long delays in imports and address problem of dwindling stockpile.
The Ammunition Project main aim is to create an inventory of all major weapons to enable forces to fight 30-day war while the long-term objective is to cut dependence on imports. For this, 11 private firms will be involved and its implementation will be monitored by the top brass of Indian Army and Defence Ministry.
The Ammunition Project overall cost has been estimated at Rs. 15,000 crores. Indian Army has set a specific target for next 10 years in terms of volume of ammunition to be produced.
Initially, ammunition for a range of rockets, air defence system, artillery guns, infantry combat vehicles, grenade launchers and various other field weapons will be produced under strict timelines. The production targets will be revised based on the result of the first phase of implementation of the project.
The Ammunition Project is seen as a first serious attempt by Government to address growing concerns voiced over past many years by Indian Army (world second largest standing Army) over the fast-dwindling stockpile of key ammunition considering the evolving security threats in the region and at a time when China is significantly ramping up its military capability.
