Indian Army finalises mega Rs 40,000 crore procurement plan to replace ageing weapons

Posted on:30 Oct 2017 11:39:54
Indian Army finalises mega Rs 40,000 crore procurement plan to replace ageing weapons
30 October 2017 Current Affairs: Indian Army finalized one of its biggest procurement plans for infantry modernization at a cost of nearly Rs 40,000 crore to replace its aging and obsolete weapons.

Under this plan, around 7 lakh rifles, 44,000 light machine guns (LMGs) and nearly 44,600 carbines will be procured.

Indian Army has been insisting to fast-track the procurement in backdrop of evolving security threats along India’s borders with Pakistan and China.

Besides, Union Government has directed Defence Research and Development Organisation (DRDO) to expedite its work on various small arms, particularly on Light Machine Guns.

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