MoD Seals Rs 5,336.25 Crore Deal With BEL For 10-year Supply Of Electronic Fuzes
The Ministry of Defence, in a significant development on December 15, 2023, sealed a landmark contract with Bharat Electronics Limited (BEL), Pune. This groundbreaking agreement entails the procurement of Electronic Fuzes for the Indian Army over a 10-year period, amounting to a total cost of Rs 5,336.25 crore.
Aligned with the ‘Aatmanirbhar Bharat‘ vision, this contract is a crucial step towards achieving self-sufficiency in ammunition manufacturing and securing the nation’s defense needs for the next decade.
Q1. Which company is involved in the procurement of Electronic Fuzes for the Indian Army?
A: Bharat Electronics Limited (BEL), Pune.
Q2. How much is the total cost of the contract for Electronic Fuzes procurement?
A: Rs 5,336.25 crore.
Q3. What is the strategic aim of the project related to ammunition stocks?
A: To minimize imports, achieve self-sufficiency, obtain critical technologies, and secure stock against supply chain disruption.
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