Good news for defence companies: Army issues tenders for guns, missiles, drones, other equipment; delivery within 1 year
The Indian Army has been focussing on many indigenous solutions to meet its various needs.
The Indian Army on Sunday said that in consonance with its commitment to “fight future wars with indigenous solutions”, it has invited the domestic defence industry to offer critical defence equipment for emergency procurement.
In a series of tweets, it also shared links for getting details on Requests for Proposals (RFPs). “In keeping with its commitment to fight the future wars with Indigenous Solutions, #IndianArmy invites Indian Defence Industry to offer critical defence equipment for Emergency Procurement. #IndianArmy #InStrideWithTheFuture,” the Army tweeted.
The process will be based on “compressed timelines, wherein the procurement window will be open to the Indian industry for six months and the industry would be expected to deliver equipment within one year of signing the contract,” it said.
Procurement cases will be based on “open tender enquiry,” it wrote on the microblogging site.
“Proposals are being fielded for Guns, Missiles, Drones, Counter Drone, Loiter Munition, Communication & Optical systems, specialist Vehicles, Engineering Equipment & Alternate Energy Resources,” it said in another tweet.
The Indian Army has been focussing on many indigenous solutions to meet its various needs.
It recently hosted a seminar on logistics and discussed ways to make the system self-reliant. “Government is committed to create a robust, secure, speedy and ‘Aatmanirbhar’ logistics system to effectively deal with future security challenges and take the country to greater heights,” Defence Minister Rajnath Singh had said at the event.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 1777-day FD vs HDFC Bank 55-month FD: What will be maturity amounts for general and senior citizens on Rs 6 lakh and Rs 12 lakh investments?
SBI Guaranteed Return Scheme: Know what State Bank of India is offering to senior citizens and others on 1-yr, 3-yr and 5-yr fixed deposits
08:50 AM IST