Business

Defence Ministry Secures Rs 5,300 Crore Deal With Bharat Electronics Ltd for Electronic Fuzes

The Ministry of Defence, on Friday, solidified a monumental deal worth over Rs 5,300 crore with the state-run Bharat Electronics Ltd (BEL) for the procurement of electronic fuzes, a pivotal component of medium to heavy calibre artillery guns. These fuzes play a critical role in providing sustained artillery firepower for military operations.

The procurement specifically targets artillery guns capable of engaging lethally across diverse terrains, including high-altitude areas along the northern borders. The primary objective of this strategic project is to bolster ammunition stocks, consequently reducing reliance on imports and aligning with the overarching goal of achieving self-sufficiency.

Also Read: Deputy CM And DGP Pay Tribute To BSF Martyr Akhilesh Rai; Last Rites In Sherpur’s Uttar Pradesh Village

The landmark contract, signed on December 15, spans a decade and falls within the ambit of the ‘Aatmanirbhar Bharat’ vision. The contract is categorized under the ‘manufacture of ammunition for the Indian Army by Indian industry,’ a government initiative tailored to meet the long-term requirements of the armed forces.

This initiative serves a multi-faceted purpose, aiming not only to attain self-sufficiency in ammunition manufacturing but also to acquire critical technologies and secure stock against disruptions in the supply chain. Bharat Electronics Ltd will take charge of manufacturing the electronic fuzes, utilizing its facilities in Pune and the upcoming Nagpur Plant.

Also Read: Bhajan Lal Sharma takes oath at Rajasthan Chief Minister in presence of PM Modi

Beyond its strategic significance, the project is anticipated to yield positive socio-economic outcomes. The Ministry of Defence estimates that the initiative will generate employment for approximately one-and-a-half lakh man-days. Moreover, it is poised to foster active participation from a spectrum of Indian industries, including MSMEs, thereby contributing to the broader expansion of the ammunition manufacturing ecosystem within the country. This concerted effort aligns with national security imperatives while concurrently promoting economic growth and self-reliance in critical defense capabilities.

Priyanka Rai

Recent Posts

NIA And ATS Conduct Joint Raids In Deoband, Detain Youth For Terror Links

NIA sources have previously conducted raids in Maharashtra, Malegaon, Jammu and Kashmir, Assam, and Delhi,…

4 hours ago

Allahabad High Court Commutes Death Sentence In Bulandshahr Gang Rape And Murder Case

While commuting the death sentence, the High Court upheld the conviction of the three men…

4 hours ago

PM Modi Welcomed By Banjara Women, Engages With Community Saints In Maharashtra

During his visit, PM Modi performed darshan at the Jagdamba Mata Temple in Poharadevi. He…

5 hours ago

Court Warns Accused In Delhi Riots Case For Delaying Proceedings

Judge Bajpai reminded the defense that daily hearings were planned. He warned all defendants that…

5 hours ago

Yogi Adityanath Calls Kisan Samman Nidhi A Blessing During Shardiya Navratri

PM launched the 18th installment at an event in Maharashtra, benefiting 9.4 crore farmers nationwide,…

6 hours ago

Voter Turnout Exceeds 64% In Haryana Assembly Elections Amid Minor Skirmishes

Over 64% of 2.03 crore voters in Haryana participated in the assembly elections casting their…

7 hours ago