Indian Armed Forces To Get Anti-Tank Nag Missile System And 5,000 Light Vehicles As MoD Inks Rs 2,500 Crore Contracts

The Ministry of Defence has signed contracts worth about Rs 2,500 crore for the acquisition of the Nag Missile System (NAMIS) Tracked version and 5,000 Light Vehicles for the Indian Armed Forces.

"Ministry of Defence has signed a contract with Armoured Vehicle Nigam Limited for the procurement of Nag Missile System (NAMIS) Tracked version of anti-tank weapon platform and Force Motors Ltd & Mahindra & Mahindra Ltd for around 5,000 Light Vehicles for the Armed Forces at a total cost of around Rs 2,500 crore," the ministry said in a statement.

These contracts under Buy (Indian-Indigenously Designed Developed and Manufactured) category were inked in the presence of defence secretary Rajesh Kumar Singh in New Delhi on Thursday (27 March).

The total cost of contract for the procurement of NAMIS(Tr) weapon system, developed by Defence Research and Development Laboratory of DRDO, is Rs 1,801.34 crore.

This state-of-the-art anti-tank system has been developed to greatly enhance the Mechanised Infantry's strength and enhancing Indian Army’s operational readiness across a varied spectrum of operations.

NAMIS (Tr) is one of the most sophisticated anti-tank weapon system against enemy armour with fire-and-forget anti-tank missile and sighting system for enhanced firepower and lethality.

According to the ministry, the weapon system is set to transform the conduct of mechanised operation and offer operational advantage against the adversary.

The Ministry has also signed contracts with Force Motors Ltd and Mahindra & Mahindra Ltd for the delivery of 5,000 Light Vehicles.

These modern vehicles are designed as per contemporary vehicle technology with enhanced engine power to cater to a payload of 800 kg.

They will provide mobility to the Armed Forces in all types of terrain and operational conditions.

Read More: Indian Railways To Invest Rs 16.7 Lakh Crore By 2031 In Massive Modernisation Push: Report