The Defence Ministry is ready to signal a Rs 10,200 crore contract for Pinaka rocket methods ammunition as we speak.
The Cupboard Committee on Safety not too long ago cleared the Indian Military’s proposal to obtain ammunition, together with Space Denial Munitions.
The contracts embody a Rs 5,700 crore deal for high-explosive pre-fragmented ammunition and a 4,500 crore deal for space denial munitions.
Developed by DRDO, the Pinaka rocket system has a spread of as much as 75 km, with plans to increase it to 120 km and ultimately 300 km.
The Military presently operates 4 Pinaka regiments, with some launchers deployed alongside the northern borders with China.
On 1st February, India allotted Rs 6.81 lakh crore for defence in 2025-26, up from Rs 6.22 lakh crore within the present fiscal.
Rs 1.80 lakh crore from the funds has been earmarked for capital expenditure, specializing in new weapons, plane, and warships, marking a 9.53% improve over the earlier yr’s allocation.
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