• About us
  • Contact us
  • Our team
  • Terms of Service
Saturday, December 13, 2025
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Army finalises Rs 15,000-crore ammunition production project

Press Trust of india by Press Trust of india
May 14, 2018
in BUSINESS
A A
0
Army finalises Rs 15,000-crore ammunition production project
FacebookTwitterWhatsapp

New Delhi, May 13 :  After years of deliberations, the Army has finalised a mega Rs 15,000-crore project under which a range of ammunition for its critical weapons and tanks will be produced indigenously to overcome long delays in imports and address the problem of a dwindling stockpile.

Official sources told PTI that 11 private firms would be involved in the ambitious project, the implementation of which is being monitored by the top brass of the Army and the Defence Ministry.

More News

Cabinet approves bill to hike FDI in insurance sector to 100%

Cabinet nod for Bill seeking to open up civil nuclear sector for private participation

Of 18 lakh acres of defence land across country, 11,152 acres under encroachment: Govt

Load More

The immediate aim of the closely guarded project — said to be the biggest ever initiative for the indigenisation of ammunition — is to create an inventory for all major weapons to enable the forces to fight a 30-day war while the long-term objective is to cut dependence on imports.

“The overall cost of the project has been pegged at Rs 15,000 crore and we have set a specific target for the next 10 years in terms of the volume of ammunition to be produced,” a senior government official involved in the project said, refusing to elaborate further.

Initially, ammunition for a range of rockets, air defence system, artillery guns, infantry combat vehicles, grenade launchers and various other field weapons would be produced under “strict timelines”, a source said.

The production targets would be revised based on the result of the first phase of the implementation of the programme.

The sources indicated the broad contours of the project were discussed at a conference of the Army’s top commanders here last month.

The initiative is seen as the first serious attempt by the government to address growing concerns voiced over the last many years by defence forces over the fast dwindling stockpile of key ammunition when China has been significantly ramping up its military capability, an issue that has been discussed by successive governments.

Army Chief General Bipin Rawat has been pushing for fast tracking the procurement of weapons and ammunition for the world’s second largest standing Army, considering the evolving security threats in the region.

“The indigenisation of the ammunition project will be biggest such programme in decades,” said the official.

In July last year, the Comptroller and Auditor General of India (CAG), in a report tabled in Parliament, said a stock of only 61 types of ammunition out of 152 varieties was available, and these would only last for 10 days in the event of a war.

According to laid down security protocol, the stockpile should be adequate for a month-long war.

The sources said long delays in negotiations and subsequent procedural hurdles in the import of ammunition had adversely impacted the country’s defence preparedness and that was why the indigenisation  programme had been initiated.

Last year, the government had empowered the Army to directly procure ammunition and spares for 10 types of weapon systems and equipment after an internal review found the optimum level of “war stores” was not being maintained.

Considering the Army’s demand, the government has already finalised one of the biggest procurement plans for infantry modernisation under which large numbers of light machine guns, battle carbines and assault rifles are being purchased at a cost of nearly Rs 40,000 crore.

Previous Post

Human trafficking a crime against humanity: Justice Hanjura

Next Post

Malik condemns booking of two under PSA

Press Trust of india

Press Trust of india

Related Posts

Cabinet approves bill to hike FDI in insurance sector to 100%

India top recipient of Commonwealth FDI: Report
by Press Trust of india
December 12, 2025

New Delhi:  The Union Cabinet on Friday approved a bill to raise foreign direct investment in the insurance sector to...

Read moreDetails

Cabinet nod for Bill seeking to open up civil nuclear sector for private participation

Cabinet nod for Bill seeking to open up civil nuclear sector for private participation
by Press Trust of india
December 12, 2025

New Delhi:  The government on Friday approved a Bill that seeks to open up the tightly-controlled civil nuclear power sector...

Read moreDetails

Of 18 lakh acres of defence land across country, 11,152 acres under encroachment: Govt

by Press Trust of india
December 12, 2025

New Delhi:  Out of around 18 lakh acres of defence land across the country, about 11,152 acres is under encroachment,...

Read moreDetails

IndiGo flight crisis: DGCA officials start monitoring operations, refunds at airline headquarters

Over 40 IndiGo flights cancelled; passengers left in the lurch
by Press Trust of india
December 11, 2025

New Delhi:  Enhancing oversight, DGCA officials on Thursday began monitoring IndiGo's operations, refunds, and other processes from the airline's headquarters,...

Read moreDetails

Not just luxury fakes: Delhi Police exposes counterfeit market spreading its web to everyday goods

Police step up vigil across Delhi ahead of Holi, Ramzan Friday prayers
by Press Trust of india
December 11, 2025

New Delhi:  A series of raids across Delhi over the past few months has revealed a disturbing reality -- counterfeiters...

Read moreDetails

IndiGo offers travel vouchers worth Rs 10,000 to passengers severely impacted during Dec 3-5

by Press Trust of india
December 11, 2025

New Delhi:  IndiGo, which has been facing significant operational disruptions, on Thursday announced that it will offer travel vouchers worth...

Read moreDetails
Next Post
JKLF chief released from Central jail

Malik condemns booking of two under PSA

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.