Why the $8-billion Future Infantry Combat Vehicle project of the Indian Army continues to be delayed


The fate of the $8-billion (approx Rs 60,000 crore) Future Infantry Combat Vehicle (FICV) project for the Indian Army which has been getting delayed will now be decided by the next government.

Sources have confirmed to Financial Express Online that the project that had been moved to the Make II category of the DPP-2016 last year in an effort to expedite it is stuck due to the lack of decision from both service headquarters and the Ministry of Defence (MoD).

The MoD has been pushing the industry to invest 90 per cent funds to develop the prototype of the FICV which is for modernising the Armoured Vehicles of the Indian Army; however, Read More

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