New Delhi [India], Jan 21 (ANI): In a bid to provide more firepower to its infantry units against enemy tank regiments, the Indian Army is planning to buy more than 3,000 Milan 2T anti-tank guided missiles from France in a deal likely to be worth over Rs 1,000 crore.
"An Army proposal in this regard would come up for discussion at a high-level meeting of the Defence Ministry for buying more than 3,000 of the second-generation Milan 2T ATGMs which are license-produced by the Bharat Dynamics Limited (BDL) in partnership with a French firm," sources in the Defence Ministry told ANI.
Indian Army has a requirement of around 70,000 anti-tank guided missiles (ATGM) of various types and around 850 launchers of different types even as it is looking for third-generation ATGMs with a longer range than that of its existing Milan-2T and Konkurs ATGMs.
Sources said the procurement of Milan 2T ATGMs is likely to be the stopgap arrangement before the Army gets its homegrown third-generation ATGM which is undergoing trials.
Milan-2 is a French second-generation (ATGM which is produced in India by Bharat Dynamics Limited (BDL) with a range of over 2 kilometres.
India had last year scrapped a programme to buy the Spike ATGM from Israel in view of the indigenous developments in this direction.
The DRDO has, so far, conducted two successful trials of the man-portable ATGMs.
During the NDA government tenure, several programmes for acquiring weapon systems from foreign vendors have been scrapped in favour of indigenous programmes.
In 2017, a Defence Acquisition Council meeting headed by the then Defence minister Arun Jaitley had favoured Akash surface to air missile over vendors from Israel and Sweden for supplying Short-Range Surface to Air Missile (SR-SAM) programme worth over Rs 18,000 crore.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
