Indian Army Invites Defence Firms Offer Important Equipment For Purchase
- The Indian Industry will have 6 months to make a purchase, and after the contract is signed, the industry will have a year to deliver the equipment.
- The Defence Acquisition Council approved 76,390 crore worth of capital acquisition proposals from the Armed Forces for "Buy (Indian)," "Buy & Make (Indian)," and "Buy (Indian-IDDM)."
On September 18, the Indian Army asked the Indian defence industry to offer urgently needed defence equipment.
For this, ideas have been put forward for guns, missiles, drones, counter-drones, loiter ammunition, communication and optical systems, specialised vehicles, engineering equipment, and alternative energy sources.
“The Indian Army has asked the Indian defence industry to offer urgently needed defence equipment. Proposals were made for guns, missiles, drones, counter-drones, loiter munition, communication and optical systems, specialised vehicles, engineering equipment, and alternative energy sources “Indian Army said.
In keeping with its commitment to fight the future wars with Indigenous Solutions, #IndianArmy invites Indian Defence Industry to offer critical defence equipment for Emergency Procurement. #IndianArmy #InStrideWithTheFuture pic.twitter.com/eAHYEM3cp7
— ADG PI – INDIAN ARMY (@adgpi) September 18, 2022
Aside from this, the Indian Army said that the process of buying things will be based on short timelines. The Indian Industry will have 6 months to make a purchase, and after the contract is signed, the industry will have a year to deliver the equipment. The force said that Open Tender Enquiry will be used to decide who gets what.
Earlier in the day, Vice Chief of the Army Staff (VCOAS) Lt Gen BS Raju went to Hyderabad to visit several Defense Industries and Research Laboratories, such as Missile Strategic Systems, Defence Research Development Lab, Centre for High Energy Systems & Sciences, Research Centre Imarat, and Bharat Dynamics Ltd.
Lt. Gen. BS Raju was told about the latest research, development, and production projects that the establishments were working on.
In June of this year, the Defence Acquisition Council approved 76,390 crore worth of capital acquisition proposals from the Armed Forces for “Buy (Indian),” “Buy & Make (Indian),” and “Buy (Indian-IDDM).”
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