Wednesday, July 8, 2026
  • 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 Manufacturing

Manufacturing: MoD’s Rs.39,125.39cr contracts a boost for indigenous industries

Fiinews by Fiinews
March 4, 2024
in Manufacturing
Reading Time: 3 mins read
A A
0
Make In India - Defence
0
SHARES
11
VIEWS
LinkedinShare on Twitter

HAL, L&T and BrahMos take a big lead in Make-in-India initiative  

The Ministry of Defence (MoD) signed five major capital acquisition contracts worth Rs.39,125.39 crore on 1 Mar in New Delhi with local industrial groups, further boosting the Make-in-India https://www.makeinindia.com/home/ initiative.

The contracts were signed with Hindustan Aeronautics Limited for procurement of Aero-engines for MiG-29 aircraft, two with Larsen & Toubro Limited for procurement of Close-in Weapon System (CIWS) and procurement of High-Power Radar (HPR) and two with BrahMos Aerospace Private Limited (BAPL) https://eng.mil.ru/ for procurement of BrahMos missiles and procurement of Ship borne BrahMos system for the Indian Defence Forces.

These deals will further strengthen indigenous capabilities, save foreign exchange and reduce dependency on Foreign Origin Equipment Manufactures in future.

Hindustan Aeronautics Limited (HAL) will produce aeroengines at the Koraput Division of HAL under a Rs.5,249.72 crore contract. These Aero Engines are expected to fulfill the need of Indian Air Force (IAF) to sustain the operational capability of the MiG-29 fleet for the residual service life.

The aero-engines will be manufactured under Transfer of Technology (TOT) license from the Russian OEM. The programme will focus on indigenisation of several high value critical components, which would help increase the indigenous content of future Repair and Overhaul (ROH) tasks of RD-33 aero-engines.

The Rs.7,668.82 crore contract is for procurement of CIWS from Larsen & Toubro Limited https://www.larsentoubro.com/ . The CIWS will provide terminal Air Defence to select locations of the country. The project will boost and encourage active participation of Indian aerospace, defence and associated industries including MSMEs over 5-years.

The Rs.5,700.13 crore contract Larsen & Toubro Limited is to replacing existing long-range radars of lndian Air Force (IAF) https://www.state.gov/ with modern Active Aperture Phased Array based HPR with advanced surveillance features over 5 years.

It will significantly enhance the terrestrial Air Defence capabilities of IAF with integration of sophisticated sensors capable of detection of small Radar Cross Section targets. It will also boost to indigenous radar manufacturing technology as it would be first of its kind radar built by the private sector in India.

The Rs.19,518.65 crore contract for procurement of BrahMos missiles from BrahMos Aerospace Private Limited (BAPL) https://brahmos.com/ . These missiles would be utilized to meet combat outfit and training requirements of Indian Navy.

This project is likely to generate employment of nine lakh man-days in Joint Venture entity and around 135 lakh man-days in ancillary industries (including MSMEs) of the country.

The Rs.988.07 crore contract for ship-borne BrahMos system from BAPL is for Indian Navy’s primary weapon for maritime strike operations fitted onboard various frontline warships. The system is capable of hitting land or sea targets from extended ranges with pinpoint accuracy at supersonic speeds.

The project is likely to generate employment of around 60,000 man-days over a period of 7-8 years, said the Ministry. Fiinews.com

Tags: Ministry of Defence
ShareTweetShare

Related Posts

VOEPL
Manufacturing

Manufacture: Virtuoso migrates to NSE-BSE boards

by Fiinews
July 7, 2026
0
16

White product manufacturer expanding capacity across key sectors Virtuoso Optoelectronics Limited (VOEPL), an Electronics Manufacturing Services company with OEM and...

CG Semi logo
Manufacturing

Manufacture: Sanand OSAT proof of India’s resolve

by Fiinews
July 6, 2026
0
17

PM promises an even faster pace of systemic economic reforms Prime Minister Narendra Modi said the newly inaugurated CG Semi...

Deftech Bharat

Manufacture: Ordered Rs.52,000cr of defence items

July 5, 2026
15
Sai Life Sciences

Manufacture: Sai strengthens PR&D-AR&D

June 27, 2026
17
Kody medigo platform

Manufacture: Kody to manufacture Medigo

June 24, 2026
15
Calpis-Asahi

Manufacture: CALPIS to be produced in India

June 22, 2026
17
SBI YONO

POPULAR NEWS

  • Cristina Dnv

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

    0 shares
    Share 0 Tweet 0
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

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

    0 shares
    Share 0 Tweet 0
  • Manufacturing: Approved ‘BioE3’of Biotechnology Dept

    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

  • Tech: Partners to simplify workforce operations
  • Market: Hyderabad strengthens CIBC in globally
  • Export: India-Costa Rica hold first JETCO Meeting
  • Invest: Rs.1,237.58cr ITI Transformation approved
  • Project: India-Indonesia held trade-focused talks

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.