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.
National News Centre Opposes Extending Creamy Layer Principle to SCs The Union government has told…
The International Day of the World’s Indigenous Peoples 2026 will be observed on August 9th…
Operation Safed Sagar took place in the year 1999, which witnessed one of the most…
India's Suraj Kumar Chand as he became the first Indian to win the gold medal…
There is a small village in the district of Mahisagar in Gujarat which is building…
Food prices in the world reached the highest mark in over three years in July…