The Indian Army (IA) has finalised an INR150 billion (USD2 billion) plan to indigenously source assorted ammunition over the next 10 years through public- and private-sector manufacturers.
Official sources told Jane’s on 14 May that the Ministry of Defence (MoD) has shortlisted 11 private companies to manufacture seven different types of ammunition and associated components that would supplement the bulk of munitions made by the state-owned Ordnance Factory Board (OFB) units.
They said the MoD is presently evaluating technical bids recently submitted by these companies to make 30 mm high-explosive incendiary rounds for the IA’s BMP-2/2K Sarath infantry combat vehicles along with 122 mm BM-21 rockets and 40 mm low-velocity grenades.
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