ashok321
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NEW DELHI: Bharat Forge and Punj Lloyd have emerged as the only contenders for a Rs 16,800-crore mega contract to replace the ageing anti-aircraft guns of the Indian Army.
With the defence ministry looking to go ahead with trials and field tests to pick the winner, the two private companies are set to compete for one of the largest army projects under the 'Make in India' programme.
The project — involving manufacturing of 1,102 air defence guns over the next 15 years to replace the vintage L70/ZU 23 that have been in service for decades — promises to establish the winner of the contract as a major defence player in the private sector given that no state-run company, including the Ordnance Factory Board (OFB), is competing for the contract.
The two domestic companies were shortlisted after responses to a tender were received under the 'Buy and Make (Indian)' cate ..
Read more at:
Make in India: Bharat Forge & Punj Lloyd in race for Rs 16,800 crore contract to make anti-aircraft guns - The Economic Times
With the defence ministry looking to go ahead with trials and field tests to pick the winner, the two private companies are set to compete for one of the largest army projects under the 'Make in India' programme.
The project — involving manufacturing of 1,102 air defence guns over the next 15 years to replace the vintage L70/ZU 23 that have been in service for decades — promises to establish the winner of the contract as a major defence player in the private sector given that no state-run company, including the Ordnance Factory Board (OFB), is competing for the contract.
The two domestic companies were shortlisted after responses to a tender were received under the 'Buy and Make (Indian)' cate ..
Read more at:
Make in India: Bharat Forge & Punj Lloyd in race for Rs 16,800 crore contract to make anti-aircraft guns - The Economic Times
