You are here: Home » News-ANI » National
Business Standard

Defence Ministry to soon decide fate of Rs 1,800 crore carbine deal

ANI  |  General News 

The is soon going to decide the fate of the Rs 1,800 crore deal for buying over 93,000 close quarter carbines for the at a high level meeting scheduled to take place this week, said a source.

A firm from has been selected as the lowest bidder for the contract but after receiving several representations in the case, the has formed an oversight committee to look into the case. A senior Lieutenant has been appointed as the member of the committee including other members from the and the and Development Organisation (DRDO).

"A high level meeting of the Defence Ministry is scheduled to be briefed on the programme to replace the existing vintage carbines of the under which the weapons were to be procured under fast track procurement procedures," government sources told ANI.

The government has already finalised contracts for buying two types of modern assault rifles for the and now it has to decide on the fate of the deal.

On lines of the assault rifles, government is thinking of meeting the urgent requirement of carbines through foreign vendors and then meet the complete requirement through a Make in programme where more than three lakh carbines would be manufactured at an Indian facility.

The new carbines being procured are set to replace the 9 mm Sterling carbines which are being gradually phased out.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, March 16 2019. 21:03 IST