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India Signs ₹661.50 Crore BrahMos Deal for Navy Systems

India Signs ₹661.50 Crore BrahMos Deal for Navy Systems
India Inks ₹661 Crore BrahMos Deal To Boost Navy's Strike Power · freepressjournal.in

India’s Defence Ministry has signed a contract worth ₹661.50 crore with BrahMos Aerospace.

It will provide fire control systems and launchers for Indian Navy ships.

The deal does not cover the missiles themselves.

At least 68% of the project’s content must be indigenous, meaning made or developed in India.

The ministry expects Indian industries, including smaller businesses, to take part.

It says the work will create jobs over three years.

The ministry also says the deal will support India’s maritime security and defence capabilities.

The BrahMos system is the Navy’s main surface-to-surface missile system for maritime strikes.

Key facts

Contract value
₹661.50 crore
Supplier
BrahMos Aerospace Private Limited
Procurement category
Buy (Indian-IDDM)
Minimum indigenous content
68%
Equipment covered
BrahMos fire control systems and launchers; not the missiles themselves
Expected employment period
Three years
Signing location
New Delhi
Contract date
October 6, as stated in one article

Quotes

Ministry of Defence

The Indian government ministry responsible for defence.

“With a minimum of 68 per cent indigenous content, the project encourages active participation of various Indian industries, including MSMEs. The project will generate employment over a period of three years.”
freepressjournal.in

Sources

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