Indian Govt clears Rs 31000 Cr defence orders

The Indian Government has cleared defence orders worth over Rs 31,000 crores, including the single largest order ever to the Indian private sector. 

Approvals have been granted by the Cabinet Committee on Security (CCS) for purchase of Brahmos missiles and launchers for the navy and high powered radars and close in weapon systems (CIWS) for the Indian Air Force (IAF).

Notably, chaired by PM of India, CCS  is a cabinet committee of Govt. of India that discusses, debates and is the final decision-making body on generally all matters of India’s national security.

The contracts are likely to be signed in the current financial year and will come as a boost to the domestic defence manufacturing ecosystem.

Sources said that the order for over 200 extended range Brahmos supersonic cruise missiles is valued at close to Rs 20,000 crores.

These missiles will be fitted onboard leading warships.

Besides, the Brahmos missile is also being supplied to the Philippines.

The CIWS system, the urgency for which has increased in recent times given the threat of unmanned aerial systems, is valued to close to Rs 6,000 crores.

Noteworthy, once signed, this will be the largest single order to the Indian private sector.

Defence manufacturing giant Larsen and Toubro has won the Indian Air Force order and the systems will be manufactured indigenously.