Defence contracts worth over Rs 2 cr signed for armed forces under ‘Make in India’ prog

NEW DELHI: Ministry of Defence today said that a total of 154 contracts under the ‘Make in India’ programme were signed during the past three years for procurement of equipment for the armed forces.

The Minister of State for Defence Subhash Bhamre said in a written reply to Om Birla in the Lok Sabha today.

According to MoD, contracts worth Rs 2,07,296.34-crore  have been signed with domestic and foreign vendors during the period of past three years.

The number of contracts signed with domestic vendors was 96, while 58 contracts were signed with foreign vendors amounting Rs 85,733.25-crore and Rs 1,21,563.09-crore respectively. (AGENCIES)

LEAVE A REPLY

Please enter your comment!
Please enter your name here