Indian Army to launch Rs.15,000 Crore ammunition manufacturing project

The Indian Army has finalised a mega Rs 15,000-crore project under which a range of ammunition for its critical weapons and tanks will be produced indigenously to overcome long delays in imports and address the problem of a dwindling stockpile.

11 private firms would be involved in the ambitious project, the implementation of which is being monitored by the top brass of the Army and the Defence Ministry.