logo
#

Latest news with #PurposeImprovedConventionalMunition

No help needed from Russia, France, Israel, or US, India is making its own… to earn money from...
No help needed from Russia, France, Israel, or US, India is making its own… to earn money from...

India.com

timea day ago

  • Business
  • India.com

No help needed from Russia, France, Israel, or US, India is making its own… to earn money from...

No help needed from Russia, France, Israel, or US, India is making its own… to earn money from… New Delhi: The days are about to change when India was dependent on Russia, France, and the United States for ammunition for its artillery. Now, the country is moving towards making its own ammunition. The Defence Research and Development Organisation is working on making indigenous ammunition and making progress in it. According to a report by Economic Times, citing sources, four different types of 155 mm artillery ammunition have been tested in the last two years. These tests turned out to be successful, meeting the army's requirements. These types of ammunition include high explosive rounds, smoke rounds, and Dual Purpose Improved Conventional Munition (DPICM) rounds. Notably, DPICM rounds are used to target a large area. Final Trials Soon As per the report, the final trials to be conducted by November this year. The army will conduct these trials and if the higher authority finds the ammunitions suitable then these ammunitions will be purchased in large quantity. 'The work of making the ammunition is almost complete and we are now moving towards user trials. The user is already involved in this project,' ET quoted a source as saying. Notably, the Army is working with the DRDO for this project. Anil Ambani's Company Link It is worth mentioning that these ammunitions are being made under the Development cum Production Partner (DCPP) program. Two companies have been selected to contribute in the program. These companies will first make samples and if the samples are given green signals from the Army then the process for procurement of ammunition in large quantities will be initiated. Reliance Infrastructure's company Jai Ammunition Limited and government company Yantra India Limited have been engaged in making ammunition in collaboration with DRDO for the last two years. How Much Power Will You Get? India will need ammunition worth about Rs 10 thousand crore in the next ten years. Not only this, if the project is successful, then the country can sell a large number of ammunition. It simply means that India will not need to buy ammunition from countries like Russia, France, and US etc. Rather, we will be able to earn money by selling the ammunition. How Much Does India Import? A Stockholm International Peace Research Institute (SIPRI) report reveals that India was the world's second-largest arms importer from 2020 to 2024, accounting for 8.3% of global imports. Russia, France, and Israel were India's primary suppliers, with Russia providing 36% of India's arms imports. However, India's arms imports decreased by 9.3% during this period compared to the 2015-2019 timeframe, likely due to increased domestic weapons design and manufacturing capabilities

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store