Latest Army News: BEML bags ₹758-crore orders for high-mobility vehicles for Indian Army
Indian Army Orders High Mobility Vehicles From BEML For Transportation Of Troops, Ammunitions To Remote Operational Areas Public sector defence equipment manufacturer BEML Limited has received orders from the Ministry of Defence (MoD) for supply of High Mobility vehicles. "These High Mobility vehicles would play a key role in the logistics management of the Indian Army leveraging on its exceptional cross country capabilities," the company said in a regulatory filing. The High Mobility vehicles will help in the transportation of armoured fighting vehicles, troops, ammunition and stores to far-flung, difficult terrains in operational areas. At an approximate value of Rs 758 crore, the equipment will be supplied to Indian Army in a span of one year after manufacturing them at BEML's Palakkad Plant in Kerala. The government currently holds 54.03 per cent stake in BEML, the Bengaluru-headquartered public sector undertaking, that manufactures a variety of heavy equipment, such as that used for earth moving, metro coaches and mining. The company operates under 3 major business verticals including Mining and Construction, Defence, and Rail and Metro. Recently, the central government has announced its decision to divest 26 percent out of its total 54.03 percent stake in defence PSU. On Sunday (3 January), the government invited preliminary bids for the stake sale. This disinvestment process will be implemented through a two stage competitive bidding process. Interested Bidders who meet the eligibility criteria, will need to submit their EOI on or before 1 March 2021.Indian Army BEML Defence Manufacturing Activity Defence contract BEML to supply high-mobility vehicles to Indian Army BEML, a public sector undertaking, has secured orders from the Indian Ministry of Defence (MoD) to supply high-mobility vehicles to the Indian Army. BEML, a public sector undertaking, has secured orders from the Indian Ministry of Defence (MoD) to supply high-mobility vehicles to the Indian Army. The orders have a combined value of Rs7.58bn ($103.75m).In a regulatory filing, the company said that high mobility vehicles will support logistics management and will enable transporting armoured fighting vehicles, troops, ammunition and stores through rough and difficult terrain to remote operating regions. BEML will manufacture the equipment at its Palakkad Plant in Kerala and will supply the vehicles to the Indian Army within a period of one year. Notably, the order comes as the armed forces of India and China have been engaged in a military standoff in the Ladakh region since May. The face-off flared up in June with both sides incurring casualties. The two military forces have conducted several rounds of meetings to disengage from the disputed border. However, India had ramped up defence spending following the standoff to procure and upgrade military equipment. Recently, it was reported that the Indian Army has initiated the process to procure 118 Arjun Mk-1A Main Battle Tanks (MBT) for nearly Rs89.57bn ($1.22bn). The Arjun Mk-1A features several major upgrades over the earlier Mk1 variant. BEML bags ₹758-crore orders for high-mobility vehicles for Indian Army BEML, a defence public sector equipment manufacturer under the Ministry of Defence (MoD), has bagged ₹758 crore worth of orders from MoD for supply of high-mobility vehicles. “The equipment will be manufactured at BEML’s Palakkad Plant in Kerala. BEML will supply the vehicles to the Indian Army in a span of a year,” the company said in a regulatory filing to exchanges. The high-mobility vehicles will play a key role in the logistics management of the Army, leveraging its exceptional cross-country capabilities. The vehicles will enable armoured fighting vehicles, troops, ammunition and stores to be moved to far-flung, difficult terrains in operational areas. beml deal with indian army indian army deal with beml indian army vehicle deal with beml BEML to supply high-mobility vehicles to Indian Army – Army Technology BEML, a public sector undertaking, has secured orders from the Indian Ministry of Defence (MoD) to supply high-mobility vehicles to the Indian Army. The orders have a combined value of Rs7.58bn ($103.75m).In a regulatory filing, the company said that high mobility vehicles will support logistics management and will enable transporting armoured fighting vehicles, troops, ammunition and stores through rough and difficult terrain to remote operating regions. BEML will manufacture the equipment at its Palakkad Plant in Kerala and will supply the vehicles to the Indian Army within a period of one year. Notably, the order comes as the armed forces of India and China have been engaged in a military standoff in the Ladakh region since May. The face-off flared up in June with both sides incurring casualties. The two military forces have conducted several rounds of meetings to disengage from the disputed border.
pakistan army
lac
loc
pok
Channel ID: UCylssdBmeY4WvID8LBiEN0g