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Dynamite News
Dynamite News
National
DN Bureau

CCS clears Army's Rs 10,000 crore Pinaka rocket deal

Solar Industries

New Delhi: In a mega success for indigenous weapon systems, the Cabinet Committee on Security has cleared the project to buy over Rs 10,000 crore worth of ammunition for the Indian Army's Pinaka multi-barrel rocket launcher systems.

The Indian Army project to buy the Rs 10,000 crore plus ammunition including the Area Denial Munitions and Pinaka Enhanced Range rockets was cleared by the Cabinet Committee on Security in a meeting held on Wednesday, defence sources told ANI.
The project would be divided between the rocket manufacturer Solar Industries of Nagpur and the former Ordnance Factory Board company Munitions India Limited (MIL), they said.

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