Ministry of Defence Signs 3000 Cr Contract With BEL
- Indian Masterminds Bureau
- Published on 3 Apr 2023, 1:48 pm IST
- 1 minute read
Highlights
- 'Project Himshakti' will encourage participation of Indian Electronics and associated industries, including MSMEs, which are sub vendors of BEL.
- Ministry of Defence
Ministry of Defence, on March 24, 2023, signed a contract with Bharat Electronics Limited (BEL), Hyderabad for procurement of two integrated Electronic Warfare Systems Project Himshakti at an overall cost of approximately Rs 3,000 crore. The project is under the Buy (Indian – IDMM (Indigenously Designed Developed and Manufactured)) category comprising contemporary and niche technologies.
‘Project Himshakti’ will encourage participation of Indian Electronics and associated industries, including MSMEs, which are sub vendors of BEL. It will generate employment of approximately three lakh man-days over a period of two years. The project is a significant leap forward in developing indigenous capabilities making the country “Aatmanirbhar, in consonance with the Make-in-India initiative of the Government.
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