newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra
Delhi

MoD signs Rs 3,000-crore contract with BEL for electronic warfare systems

The Ministry of Defence has  signed a contract with Bharat Electronics Limited (BEL), Hyderabad for the procurement of two Integrated Electronic Warfare Systems ‘Project Himshakti’ at an overall cost of about Rs 3,000 crores.

The project is under the Buy  (Indigenously Designed Developed and Manufactured)} category comprising contemporary and niche technologies.

The ‘Project Himshakti’ will encourage the participation of Indian Electronics and associated industries, including MSMEs, which are sub-vendors of BEL. It will generate employment of about three lakh man-days over a period of two years.

The project is a significant leap forward in developing indigenous capabilities making the country ‘Aatmanirbhar’, in consonance with the Make-in-India initiative of the government.

Related posts

The first Tunnel Boring Machine (TBM) on the Aerocity-Tughlakabad Corridor started its drive today to bore a 1.27 KM long tunnel between Chhatarpur and Kishangarh stations in the presence of Sh. Vikas Kumar, MD/DMRC and other senior officials

Newsmantra

RITES Limited has been awarded the ‘ICAI Award’ for Excellence in Financial Reporting 2021-22.

Newsmantra

PFC’s stall at the UP Global Investors Summit

Newsmantra

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More