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The centre has inked a deal with domestic companies for the supply of Pinaka Multiple Launch Rocket System (MLRS).
An official statement said that the Acquisition Wing of the Ministry of Defence (MoD) had signed contracts with Bharat Earth Movers Limited (BEML), Tata Power Company Limited (TPCL) and Larsen & Toubro (L&T) for the supply of Six Pinaka Regiments. These supplies will be to the Artillery Regiment of the Indian Army at an approximate cost of ₹2,580 crore.
Pinaka Multiple Launch Rocket System (MLRS) has been indigenously designed and developed by DRDO.
These Six Pinaka Regiments comprise 114 launchers with Automated Gun Aiming & Positioning System (AGAPS) and 45 Command Posts to be procured from TPCL and L&T and 330 vehicles to be procured from BEML. These Six Pinaka Regiments will be operationalised along the Northern and Eastern Borders of India to further enhance the operational preparedness of the Armed Forces. Induction of Six Pinaka Regiments is likely to be completed by 2024.
This project is under Buy (Indian) categorisation, with 70 per cent indigenous content.
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