Three Year Capex On Purchase Of Defence Equipments


The expenditure on purchase of defence equipment from Indian vendors for the three services during the last three years, is as given below:-

CAPITAL EXPENDITURE:                       

                                                         (Rs. in crore)

Total  Procurement Procurement from Indian Vendors

2014-15

65583.77

39598.91

2015-16

62341.86

39149.64

2016-17 69150.12

41872.03

 

No target is fixed for import of defence equipment. Defence equipment is being imported from various countries as per the operational requirements of the Armed Forces.

During the last three financial years and current year (upto 30.11.17), 119 contracts involving Rs 1,16,523 crore have been signed with Indian vendors and 68 contracts involving Rs.1,24,291 crore have been signed with foreign vendors for capital procurement of Defence equipment for Armed forces including rockets, simulator and component level repair facility for Tanks from Russia, Laser Designation Pods, radars, Pods for aircraft Radios, Weapons for Garuds and Missiles from Israel, Aircraft, Helicopters, Missiles, Artillery Guns and Simulators from USA and Aircraft, Ammunition, High Zone Modules of Bi-Modular Charges from 155mm Guns from France.

You may also read!

One security personnel killed, 7 injured in IED blast in Jammu and Kashmir’s Poonch sector

One security personnel was killed and seven people injured in an improvised explosive device (IED) blast in Mendhar area

Read More...

Jet Airways surges 32% in three days on revival hopes

Shares of Jet Airways (India) continued their three-day gaining streak and rallied up to 9 per cent to Rs

Read More...

Skyscanner Announces SpiceJet Partnership on Flights Integration

Skyscanner, the world's travel search engine, has today announced its latest partnership with SpiceJet, the Indian low-cost carrier, which

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu