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Home Manufacturing

Manufacturing: MoD signs Rs.659.47cr rifle contract

Fiinews by Fiinews
October 16, 2025
in Manufacturing
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MKU-Medbit to supply Assault Rifles to Army

The Ministry of Defence has signed a contract agreement worth Rs.659.47 crore for procurement of Night Sight (Image Intensifier) for 7.62 x 51mm Assault Rifle along with accessories for the Indian Army with the consortium of Kanpur’s MKU Ltd (Lead Member) and Delhi’s Medbit Technologies Pvt Ltd on 15 Oct 2025.

“The Night Sight will enable soldiers to fully exploit the longer effective range of the SIG 716 Assault Rifle,” the Ministry of Defence said.

These sights are capable of engaging targets up to an effective range of 500 metres, even under starlit conditions and provide a significant improvement over the existing Passive Night Sights (PNS).

This procurement, classified as a Buy (Indian-IDDM) case with more than 51% Indigenous Content, is a major step towards Aatmanirbharta in Defence Manufacturing. The initiative will also benefit the MSMEs involved in manufacturing of components and supply of raw material. Fiinews.com

Tags: Ministry of Defence
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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.

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