City
Epaper

Indian Army inks Rs 223 crore deal for nextgen Tank Transporter Trailers

By IANS | Updated: August 1, 2025 20:44 IST

New Delhi, Aug 1 The Indian Army on Friday signed a Rs 223.95 crore deal with Axiscades Aerospace ...

Open in App

New Delhi, Aug 1 The Indian Army on Friday signed a Rs 223.95 crore deal with Axiscades Aerospace and Technologies Private Limited for the procurement of 212 next-generation 50-ton Tank Transporter Trailers to speed up logistics in battle situations.

These hi-tech trailers feature hydraulic and pneumatic loading ramps along with steerable and liftable axles. These capabilities will enable the swift and efficient transport of tanks and other armoured vehicles over challenging terrain, enhancing the operational mobility of the army.

The contract has been inked under the Buy (Indian-IDDM) category, aligned with the ‘Aatmnirbhar Bharat’ initiative to boost indigenisation in defence manufacturing.

The procurement will significantly improve logistical and operational efficiency for the field units of the army. The indigenous contract contributes to the growth of the domestic defence manufacturing sector and promises sustained employment opportunities.

The government is keen to promote the country’s defence industry, and earlier this month, the Defence Acquisition Council, under the chairmanship of Defence Minister Rajnath Singh, gave the go-ahead for 10 proposals to purchase military hardware, including missiles and electronic warfare systems, worth approximately Rs 1.05 lakh crore through indigenous sourcing.

India’s indigenous defence production has surged to an all-time high of Rs 1.46 lakh crore, with exports increasing to a record Rs 24,000 crore in 2024-25, according to Defence Minister Rajnath Singh.

“Our defence production, which was only Rs 43,000 crore 10 to 11 years ago, has now crossed a record figure of Rs 1,46,000 crore, with the private sector’s contribution of over Rs 32,000 crore. Our defence exports, which were around Rs 600-700 crore 10 years ago, have surpassed a record figure of Rs 24,000 crore today,” the minister stated in his address at the Confederation of Indian Industry (CII) annual summit recently.

He described Make-in-India as crucial for security and prosperity, stating that the use of indigenous systems during Operation Sindoor has proved that India has the power to penetrate any armour of the enemy.

“Our weapons, systems, sub-systems, components, and services are reaching around 100 countries. Over 16,000 MSMEs associated with the defence sector have become the backbone of the supply chain. These companies are not only strengthening our self-reliance journey, but are also providing employment to lakhs of people,” the minister said

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

CricketYashasvi Jaiswal Scores 118 as India Reach 304/6, Lead England by 281 at Tea on Day 3 of ENG vs IND 5th Test (Watch Video)

EntertainmentGauri Khan on SRK, Rani Mukerji & Karan Johar winning National Award: 'Ready to brag about them'

NationalElection 'fraud': K'taka BJP to protest in Bengaluru on Aug 5 to counter Rahul Gandhi's event

Cricket'Special guest': Rohit Sharma in attendance at Oval test between India-England

Other Sports5th Test: India will want for the lead to go past 350 against England, says Ponting

Business Realted Stories

BusinessIndiGo bans passenger for slapping co-traveller on Mumbai-Kolkata flight

BusinessED Makes First Arrest in Rs 3,000-Crore Anil Ambani Loan Fraud Case

BusinessMahindra & Mahindra buys 59 pc stake in SML Isuzu for Rs 555 crore

BusinessFederal Bank's Q1 net profit falls 15 pc on higher provisions

BusinessIndia's domestic demand shields economy from tariff impact: BoB Chief Economist