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MOD, BEL ink ₹5,000 crore deal to procure electronic fuzes for Army
The Morning Standard
|December 16, 2023
IN a move to enhance the long-distance attack capability of the artillery of the Indian Army, the Ministry of Defence (MOD) signed a ₹5,336.25 crore contract on Friday with Bharat Electronics Limited (BEL) in Pune for the procurement of electronic fuzes for the Indian Army.

The procurement is scheduled to happen over a period of 10 years.
The defence ministry, in a statement, referred to this contract as a "landmark" deal and specified that it falls under the category of ammunition procurement within the 'Manufacture of Ammunition for Indian Army by Indian Industry,' a government initiative addressing a long-term requirement of 10 years.
This story is from the December 16, 2023 edition of The Morning Standard.
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