Professor Shantanu Bhowmick just saved the Indian Army Rs 20,000 crore
http://economictimes.indiatimes.com...the-man-on-the-mission/slideshow/59049585.cms
http://economictimes.indiatimes.com...the-man-on-the-mission/slideshow/59049585.cms
Professor Shantanu Bhowmick just saved the Indian Army Rs 20,000 crore
?????NOPE
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It will now get 50,000 such vests for which it had to sign an "emergency" procurement contract worth Rs 140 crores.?????
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Who, me?Your point being ???
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Let me quote few lines from the TOI report you have provided.It will now get 50,000 such vests for which it had to sign an "emergency" procurement contract worth Rs 140 crores.
http://timesofindia.indiatimes.com/...vests-needs-3-5-lakh/articleshow/51624423.cms
However, when the samples failed to meet requirements, the Army vice-chief's existing financial powers were "relaxed as a one-time exception" to ensure the urgent purchase of 50,000 jackets based on older technical specifications.
Now quoting from ET report."The prototype has successfully undergone stage-1 and 2 trials. It will be a contender in the fresh capital procurement case being initiated again for the first lot of 1.86 lakh jackets," said a source.
When the acquisition of these 1.86 lakh jackets was first approved by the defence acquisitions council in October 2009, each was estimated to cost around Rs 50,000.
Rounding up requirement of 1.86Lakh to approx 2Lakh gives us a saving of 1lakh per piece, which rounds up to 2000crore.Currently, India spends Rs 1.5 lakh on a single jacket used by the military and para-military forces. These jackets are imported from America.
You might be correct on price front as there is no specific source from where we could have the price of any short of BPJ. But this 1.5lakh is not only being quoted by ET, but its been around in various news report. May be this price quote has came out of single source. But as a layman when I did some peddling on price front, this is what been provided in Indian market.@Chinmoy Bruh...The source you posted is a typical example of Indian media which as always is clueless.
No, India do not spend 1.5 lakh for a BPJ. There is no evidence for it apart from the article itself. Army wanted NIJ level iv but for emergency procurement bought level iii. Level iv which it hasn't bought yet still won't go 1.5 lakh which is 5 times the cost of a level iii. US IOTV with plates go for $1000 retail. You can comfortably slash that in half for bulk military procurement. Even if India bought a Rs 1.5 lakh jacket, you are still looking at Rs 2,000 crore not 20,000 crore (every year according to the article).
And then create sub companies run by Scientists because they know CEO isn't upto the job when push comes to shove..I think it is time that India moves on from the Soviet/Russian model of appointing scientists as chiefs (with all due respect to the scientists) and hire professional CEOs like Western defence companies.
We have scientists who are very good at their jobs but management is not their cup of tea.
Case in point skunkworks for Lockheed and phantomworks for Boeing. Both the CEOs stay well out of their operations.