Economy

Defence Ministry signs over Rs 4,666-crore deals for procurement of combat carbines, torpedoes

0

India’s commitment to bolstering its defence capabilities continues unabated, with the Ministry of Defence making significant strides in modernizing its arsenal. In a crucial move that underscores the nation’s strategic priorities, the Ministry has sealed deals worth over Rs 4,666 crore for the procurement of vital equipment.

These latest contracts are set to bring state-of-the-art combat carbines and advanced torpedoes into the fold of our armed forces. This infusion of new technology is a testament to the ongoing efforts to equip our soldiers and sailors with the best tools available, enhancing their operational effectiveness and readiness.

Notably, this substantial order comes just ahead of the Union Budget for the upcoming fiscal year, highlighting the proactive approach taken by the Defence Ministry. It’s part of a larger picture of robust investment in national security; for the fiscal year 2025-26 alone, the Ministry has already signed capital contracts amounting to an impressive Rs 1,82,492 crore. This massive financial commitment reflects a clear vision for a stronger, more self-reliant India on the global stage.

Such procurements are not just about acquiring hardware; they represent an investment in the safety and security of every citizen, ensuring our forces are well-prepared to meet any challenge. Stay tuned for more updates on India’s journey towards defence excellence!

Source: Original Article

Knack to promote winter tourism, international partnership with trip to China

Previous article

La Loma’s Lechon Vendors Working Double Time This New Year’s Eve to Recover from ASF Slump

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Economy