Indian Army Approves ₹75,000 Crore Modernization Pipeline for Armoured Fleet
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The Indian Army has unveiled a five-year, ₹75,000 crore modernization plan for its T-72 and T-90 tanks and combat vehicles, aimed at bolstering operational readiness and supporting domestic defence manufacturing.
The Indian Army has formally approved a comprehensive five-year modernization and restoration pipeline for its armoured fleet, valued at over ₹75,000 crore. This strategic initiative focuses on the mid-life upgrades and technological enhancement of the T-72 and T-90 main battle tanks, alongside infantry combat vehicles and specialized recovery vehicles. By providing a clear, long-term order pipeline, the Ministry of Defence aims to create a predictable business environment for domestic defence manufacturers, including both Public Sector Undertakings (PSUs) and private sector MSMEs.
This move is a significant step toward achieving 'Atmanirbhar Bharat' in the defence sector. Historically, the Indian defence industry has faced challenges regarding the lack of long-term visibility in procurement, which often discouraged private investment in high-end military technology. By institutionalizing a five-year roadmap, the Army is effectively de-risking the sector for domestic players, encouraging them to invest in R&D and indigenous manufacturing capabilities. This shift is expected to reduce dependency on foreign original equipment manufacturers (OEMs) for critical spares and maintenance, thereby enhancing the 'indigenization' quotient of the Indian Army’s operational assets.
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This article was curated using AI. While we strive for accuracy, please verify critical facts from official sources.