Sunday, May 18, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Projects

Project: Rs.9,100cr contracts given to Bharat Dynamics-BEL

Fiinews by Fiinews
April 1, 2023
in Projects
Reading Time: 2 mins read
A A
0
Bharad Dynamics Ltd

Akash.

0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Indian Army to get improved Akash Weapon System

The Defence Ministry has signed Rs.9,100 crore contracts for procurement of improved Akash Weapon System and 12 Weapon Locating Radars, WLR Swathi (Plains) for the Indian Army.

The contract for procurement of improved Akash Weapon System (AWS) for 3rd & 4th Regiments of Army Air Defence, comprising live Missiles & Launchers with upgrades, Ground Support Equipment, Vehicles and Infrastructure was signed with Bharat Dynamics Limited, worth over Rs.8,160 crore.

The AWS is a Short Range Surface to Air Missile (SRSAM) Air Defence System, indigenously designed and developed by Defence Research and Development Organisation (DRDO).

In order to meet aerial threats, two additional Regiments of AWS with Upgradation are being procured for Indian Army for the Northern borders. Improved AWS has Seeker Technology, Reduced Foot Print, 360° Engagement Capability and improved environmental parameters.

The project will give a boost to the Indian missile manufacturing industry in particular and the indigenous defence manufacturing ecosystem as a whole.

The project has overall indigenous content of 82% which will be increased to 93% by 2026-27.

The induction of the improved AWS into the Indian Army will increase India’s self-reliance in Short Range Missile capability.

This project will play a role in boosting the overall economy by avoiding outgo of precious foreign exchange to other countries, increasing employment avenues in India and encouraging Indian MSMEs through components manufacturing.

Around 60% of the project cost will be awarded to the private industry, including MSMEs, in maintaining the supply chain of the weapon system, thereby creating large scale of direct and indirect employment.

The contract for WLR Swathi (Plains) was signed with Bharat Electronic Limited (BEL) at a cost of over Rs.990 crore.

It is an indigenously designed WLR which is capable of locating guns, mortars and rockets firing own troops, thereby facilitating their destruction through Counter Bombardment by own firepower resources.

This will enable troops to carry out their operational tasks without any interference from the enemy and also provide them safety against enemy fire. Induction is planned to be completed in 24 months.

This project is a big opportunity for the defence industry to showcase its capability and will be a step in the direction of achieving the goal of ‘Aatmanirbharta’ in defence, said the Ministry. fiinews.com

Tags: Ministry of Defence
ShareTweetShare

Related Posts

GEAPP
Projects

Project: DPIIT-GEAPP signed clean energy MoU

by Fiinews
May 18, 2025
0
14

Spectrum Impact-Avana Capital invest in net-zero ambitions The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a...

Sungrow
Projects

Project: Sungrow wins order for advanced inverters

by Fiinews
May 16, 2025
0
18

Juniper adopts Sungrow technology Sungrow, a global leading PV inverter and energy storage system provider, has secured a significant order...

The Climate Group.

Project: Renewables must be scaled

May 16, 2025
17
CEEW

Project: India needs efficiency in water services

May 16, 2025
17
PIB

Project: DST unveils 5 CCU testbeds

May 16, 2025
17
PIB

Project: States urged to work on PSP-BESS

May 15, 2025
24
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Market: LTIMindtree says hub to serve EU
  • Market: Data Centre to reach $10.7bn by 2030
  • Project: DPIIT-GEAPP signed clean energy MoU
  • Export: DGTR protects India’s trade interests
  • Tech: Comviva-Southampton empower future workforce

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.