India Inks Rs 69-Bn Deals with Bharat Forge, Tata for Guns, Vehicles

The Ministry of Defence (MoD) has signed contracts worth Rs 69 billion with Bharat Forge and Tata Advanced Systems for the acquisition of 155mm/52 calibre Advanced Towed Artillery Gun Systems (ATAGS) and 6x6 High Mobility Vehicle gun towing trucks. These advanced artillery systems are designed to replace older, smaller-calibre guns currently in use, offering superior precision, extended firing range, and greater firepower to the Indian Army.

This acquisition marks a significant milestone as it is the first major procurement of towed artillery guns from the private sector. It is a strategic step toward boosting India’s domestic defence manufacturing capabilities under the Aatmanirbhar Bharat initiative. The involvement of private defence companies like Bharat Forge and Tata Advanced Systems reflects a growing emphasis on indigenous production and self-reliance in defence technology.

With this procurement, the total value of capital acquisition contracts signed by the MoD in the financial year 2024-25 has reached Rs 1.40 trillion. The ATAGS project is a collaborative effort led by the Defence Research and Development Organisation (DRDO), with the Armament Research and Development Establishment (ARDE), Pune, playing a central role in its development. The project director from ARDE was recognised during the signing event for his significant contribution.

This development is expected to not only modernise the Indian Army’s artillery capabilities but also stimulate growth in India’s defence industrial base, particularly in gun manufacturing. It underscores the government’s commitment to promoting domestic defence production and reducing reliance on imports.

News source: CNBC TV18

Related Stories

Centre Gives Nod for New Airport in Adilabad
Make in India Drives Defence Growth
MoD Signs Rs 25 Bn Contracts for 5,000 Light Vehicles
Varun Malik Joins ANAROCK as MD, Head of Capital Markets, APAC
Patra Chawl lottery held, 663 families allotted homes