Centre signs five contracts to procure arms and ammunition for ₹39,125 cr

India on Friday sealed five major defence acquisition contracts worth Rs 39,125 crore including procurement of BrahMos supersonic cruise missiles, radars, weapon systems and aero-engines for MiG-29 jets as part of efforts to boost the combat capabilities of the armed forces.

The mega procurement projects were firmed up amid India’s lingering border row with China in eastern Ladakh, and they will be implemented under the broad framework of the government’s policy to boost domestic defence manufacturing.

The contracts for the procurement of the platforms and weapons systems were signed in presence of Defence Minister Rajnath Singh and Defence Secretary Giridhar Aramane, under whose guidance these deals fructified, an official readout said.

“These deals will further strengthen indigenous capabilities, save foreign exchange and reduce dependency on foreign origin equipment manufactures in future,” it said.