Business

PM Modi inaugurates India's first private sector howitzer gun-making unit

Updated : January 20, 2019 03:28 PM IST

Prime Minister Narendra Modi on January 19 inaugurated the Armoured Systems Complex of Larsen and Toubro in Gujarat, the first private facility in the country where the K9 Vajra self-propelled Howitzer guns will be manufactured.

L&T had in 2017 won the Rs 4,500-crore contract from the Ministry of Defence to supply 100 units of K9 Vajra-T 155 mm/52 calibre tracked self-propelled gun systems to the Indian Army under the Centre's 'Make in India' initiative.

The company has set up the Armoured Systems Complex at Hazira, around 30km from Surat, to manufacture and integrate advanced armoured platforms, such as self-propelled artillery Howitzers, future infantry combat vehicles, future-ready combat vehicles and future main battle tanks.

The manufacturing complex is executing the 'K9 Vajra-T 155 mm/52-caliber tracked self-propelled Howitzer guns' programme.

K9 Vajra contract involves delivery of 100 such systems in 42 months, which is the largest contract awarded to a private company by the Ministry of Defence.

L&T had signed a transfer of technology contract for guns with South Korean company Hanwha Corporation.

Defence Minister Nirmala Sitharaman was also present at the inauguration on January 19.

Have you signed up for Primo, our daily newsletter?

It has all the stories and data on the market, business, economy and tech that you need to know.

To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more