After 5-year delay, tender issued in Rs 50,000-cr Future Infantry Combat Vehicle project

Defence ministry hands an expression of interest to representatives of 10 Indian companies

After five years of delay, the army's proposal to build a "Future Infantry Combat Vehicle" (FICV), an armoured vehicle for carrying infantrymen into battle, has been resuscitated on Thursday. The ministry of defence summoned representatives from 10 Indian companies and handed each an expression of interest (EoI), which asks for proposals for building a FICV that will eventually replace the army's 2,600 BMP-2 infantry carriers for an estimated Rs 50,000 crore. The EoIs were issued to Mahindra; Bharat Forge; Larsen & Toubro; Punj Lloyd; Tata Power; Tata Motors; Pipavav ...