The Cabinet Committee on Security headed by the Prime Minister recently cleared the proposal to acquire 66,000 tank shells from Russia and the deal in this regard is expected to be inked in next few days, Defence Ministry sources told PTI.
Under the deal, Russia will also do transfer of technology on the production techniques of the specialised tank ammunition to the Ordnance Factory Board, which will produce it indigenously, they said.
The severe shortage of tank ammunition was first highlighted by former Army Chief Gen V K Singh in a top secret letter to Prime Minister Manmohan Singh in March this year which later found its way to the media.
Gen Singh had pointed out in his letter that only three to four days of this particular ammunition was left in the inventory of the armoured regiments.
Later on, the Army had also informed the Standing Committee on Defence about the shortage and how the situation had worsened by the recent blacklisting of its supplier Israeli Military Industry (IMI).
