India, Russia sign Rs.2,600 crore deal for anti-tank ammunition

Discussion in 'Economy & Infrastructure' started by thethinker, Mar 31, 2014.

  1. thethinker

    thethinker Senior Member Senior Member

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    India, Russia sign `2,600 crore deal for anti-tank ammunition - Livemint

    India, Russia sign Rs.2,600 crore deal for anti-tank ammunition

    New Delhi: India has signed a deal worth over Rs.2,600 crore with Russia to procure 66,000 anti-tank shells to meet the shortfall of critical ammunition faced by its armoured fleet including the latest T-90 tanks.
    The two sides signed the deal on 27 March for the supply of anti-tank shells to the Army and agreement in this regard was inked by defence ministry officials from India and Rosoboronexport officials from the Russia side, defence ministry officials said.
    The cabinet committee on security headed by the Prime Minister had recently cleared the proposal to acquire Mango 66,000 tank shells from Russia, they said.

    Under the deal, Russia will also undertake transfer of technology on the production techniques of the specialized tank ammunition to the Ordnance Factory Board, which will produce it indigenously, they said.

    Faced with shortage of weapon systems, the defence ministry has decided to form JVs with the Russian manufacturers to produce them in India like the rockets for the Smerch multi-barrel rocket launcher systems.
    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 noted 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).
     
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  3. Dharmateja

    Dharmateja Regular Member

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    Shame we even have to buy ammo.
     
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  4. sayareakd

    sayareakd Moderator Moderator

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    Code of conduct for election is placed, how they can signed deals?
     
  5. p2prada

    p2prada Stars and Ambassadors Stars and Ambassadors

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    Maybe contracts of critical importance will go through.
     
  6. Ray

    Ray The Chairman Defence Professionals Moderator

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    Defence issues, I believe, is exempt from the Code of Conduct.

    That is why the Govt is going to name the next Naval Chief, but then they still seem to be dithering.

    But then, that is Anthony.

    The tank fleet is Russian, and Indian Ordnance is a moribund organisation and so the import!

    Who knows that these self imposed delays, under the guise of honesty in defence deals, was to be announced just before the elections for a good reason.
     
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  7. Sea Eagle

    Sea Eagle Senior Member Senior Member

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    777's and Rafael are important too :scared2:
     
  8. sayareakd

    sayareakd Moderator Moderator

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    Let next govt come.and decide what to do.
     
  9. p2prada

    p2prada Stars and Ambassadors Stars and Ambassadors

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    Are you certain, because from what I know competitive tenders are not exempted?

    The ammo deal isn't a tender. There is little to no scope for corruption since it is a govt to govt deal.

    The direct govt to govt Russian and American deals have come with few or no corruption allegations. Corruption comes from competitive tenders.
     
  10. Dharmateja

    Dharmateja Regular Member

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  11. p2prada

    p2prada Stars and Ambassadors Stars and Ambassadors

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    Not bad. This is a pretty good change for the forces.
     
  12. laughingbuddha

    laughingbuddha Regular Member

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    Why don't we just do away with tendering for defence procurement. Let the armed forces specify, try and select the component and then the govt can negotiate G2G transfer of the same. Less room for corruption and speedy delivery of equipment. All are happy except for the commission agents.
     
  13. Kunal Biswas

    Kunal Biswas Member of the Year 2011 Moderator

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    If leadership is corrupt itself, There is little hope ..

    Let it be Missile for tanks, Tank Ammo or tank, Or the tank itself, They are all part of larger scam, This has become a cancer for our military and a tradition for present Government and its tools ..
     
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