SOURCE: Ajai Shukla /Business Standard On Tuesday, in a negative signal that will resonate discouragingly through India’s private defence industry, the ministry of defence (MoD) plans to kill competitive tendering for a Rs 5,000 crore project to upgrade the army’s 1,500 BMP-2 infantry combat vehicles (ICVs). Instead the project is being gifted to the Ordnance Factory […]
The post Disappointing private industry, MoD handing Rs 5,000 crore BMP-2 upgrade to Ordnance Factory Board appeared first on Indian Defence Research Wing.
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