India Blacklists 6 Defence Firms

[Ammyy]

India Blacklists 6 Defence Firms

The Ministry of Defence today decided to debar six firms- M/s Singapore Technologies Kinetics Ltd. (STK), M/s Israel Military Industries Ltd. (IMI), M/s Rheinmetall Air Defence (RAD), Zurich, M/s Corporation Defence, Russia (CDR), M/s TS Kisan & Co. Pvt. Ltd., New Delhi and M/s RK Machine Tools Ltd., Ludhiana – from further business dealings with the Ordnance Factory Board, Department of Defence Production, MoD, for a period of ten years.

The firms were recommended for blacklisting by the CBI on the basis of evidence collected against them. These firms were issued notice to show cause as to why action against them should not be taken consequent to the filing of the chargesheet in the case related to illegal gratification against former Director General of Ordnance Factories Shri Sudipto Ghosh and others. The decision to debar was taken today after taking into consideration their replies.

Livefist: India Blacklists 6 Defence Firms

 

[Bl[i]tZ]

What happens to the Tavors that we were buying for our SFs from the Israeli company IMI, which is blacklisted now?

 

[Killswitch]

Blacklisting firms does NOT help the armed forces.

This is overkill. There has to be a better way to handle this.

 

[Harry_Thomason]

Interesting, and those are huge companies. India is really taking corruption seriously on this one.

 

[Abingdonboy]

What happens to the Tavors that we were buying for our SFs from the Israeli company IMI, which is blacklisted now?

Let's just clear this up:

Firstly as the TAR is manufactured by IWI ,a subsdiary of IMI , it is EXEMPT from the black list, as there are current orders for TARs the TAR (IA/IAF/IN SOFs and many CAPFs have 10,000s of TARs in all froms on order)is EXEMPT from black listing and because these black listings ONLY relate to licence-building of weapons by OFB the TARs bought directly from IWI and delivered direct to user (as all TARs in India are anyway) the TAR is EXEMPT FROM BLACK LISTING.

 

[DV RULES]

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