STOCK MARKET BSE NSE

‘Production of Defence equipment helping SMEs’

Around 14,000 components of the weapons system are made in the country by over 200 manufacturers, Patil said. 

Published: 11th November 2018 10:59 AM  |   Last Updated: 11th November 2018 10:59 AM   |  A+A-

MUMBAI: Indigenisation of defence manufacturing is helping Small and Medium scale enterprises (SMEs) in India scale global heights, Jayant Patil, Member of the Board (Defence) and senior executive vice-president, Larsen & Toubro (L&T), has said.

The K-9 Vajra-T self-propelled gun, which was inducted into the Army on Friday, is being developed by L&T in partnership with South Korea’s Hanwha Land Systems. Defence Minister Nirmala said in her speech on Friday that although the first batch of 10 guns was imported from South Korea and assembled here, the next 90 guns would be largely manufactured indigenously.   

Around 14,000 components of the weapons system are made in the country by over 200 manufacturers, Patil said. 

“Even the initial systems, which were expected to be completely imported from Korea and assembled at the L&T facility at Hazira, had around 20% indigenous components,” Patil said. Vajra system owes its firing accuracy to the control system, which is indigenously developed. 

“Indian people can understand Indian conditions better and hence, achieve qualitative superiority,” he added.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp