By N. C. Bipindra New Delhi: India is exploring options for selecting a vendor for producing 1,750 future infantry vehicles for its army that will replace the current inventory of Russian-origin personnel carriers. The project may cost up to $7 billion or Rs 52,000 crore, some industry veterans […]
By N. C. Bipindra New Delhi: India today took the long-awaited decision to dismantle the British-era ordnance factories and to create seven new state-run corporate entities that will handle manufacturing of weapons for the armed forces. The ordnance factories corporatisation move has been initiated to bring in efficiency, […]
(Editor’s Note: The first two paragraphs have been amended to reflect that it is not a final award, but initial sanction for an industry-funded project, and that several other companies too have got the sanction apart from OshoCorp Global.) New Delhi: India has sanctioned a $180-million project to […]