Indian Army Light Specialist Vehicle: In a big boost to local defence industry, India Monday awarded a $146 million order to local automobile company Mahindra Defence Systems Limited (MSDL) for supply of 1,300 Light Specialist Vehicles to the Indian Army. The order value is estimated at Rs 1,056 crores ($146 million).
“The induction of vehicles is planned to be completed in four years,” the defence ministry said.
The Light Specialist Vehicle is a modern fighting vehicle and will be authorised to various fighting units for carriage of Medium Machine Guns, Automatic Grenade Launchers as well as Anti-tank Guided Missiles.
The Light Specialist Vehicle is indigenously designed and developed by Mahindra Defence Systems Limited (MSDL).
The MoD said these combat vehicles are extremely agile with all round protection against small arms fire and will assist small independent detachments which are required to operate this weapon platform in the operational area.
This is a flagship project showcasing the indigenous manufacturing capabilities of the defence industry and will add another milestone to the ‘Atmanirbhar Bharat Abhiyaan’ and ‘Make in India’ initiative of the Government, said the MoD.
Kalyani M4 Armored Vehicle
Last month, the ministry of defence has awarded a Rs 177.95 crores ($24.6 million) contract to supply Kalyani M4 armored vehicles for Indian Army to Pune-based Indian private sector conglomerate Bharat Forge Limited (BFL).
Under the contract 200 Kalyani M4 vehicles will be produced and supplied to Indian Army under emergency procurement protocols.
Baba Kalyani led Bharat Forge Limited has partnered with South African defence company Paramount Group to manufacture these vehicles in the country.