Daily Current Affairs / Indian Army to procure 118 main battle tanks Arjun Mk-1A for Rs 7,523 crore
Category : Defense Published on: September 24 2021
· The Defense Ministry placed an order in Heavy Vehicle Factory, Avadi (Chennai) for the supply of 118 main battle tanks, the "MBT Arjun Mk-1A", for the Indian Army.
· The order of 7,523 crores will give a further boost to the Make in India initiative in the defense sector and is a big step towards achieving Atmanirbhar Bharat as envisaged by Prime Minister Narendra Modi.
· The state-of-the-art main Battle Tank “Mk-1A” is a revamped version of the Arjun Tank which is designed to enhance fire power, maneuverability and survivability.
Important facts
About Indian army
v Founded: 1 April 1895
v With 3 million military personnel, the Indian Army is the fourth largest standing army in the world after the US, Russia and China.
v The Indian Army trains the foreign armies of the US, UK, Russia in training institutes such as the Indian Military Academy in Dehradun and the Counter Insurgency and Jungle Warfare School in Wairangte, Mizoram.
v The oldest regiment in the Indian Army is the "President's Bodyguard" and was established in 1773.
Cabinet approves restructuring of PM SVANidhi Scheme with extension till March 2030 to benefit 1.15 crore street vendors.
Read More....Centre forms PM-led committees for Patel’s and Birsa Munda’s 150th birth anniversaries and Vajpayee’s centenary celebrations.
Read More....India and Bhutan sign MoU to enhance cooperation in agriculture, livestock, and allied sectors.
Read More....Raksha Rajya Mantri Sanjay Seth inaugurates MILMEDICON-2025, global military medicine conference, in New Delhi.
Read More....Astronomers capture first-ever direct image of baby planet WISPIT 2b orbiting star WISPIT 2 in constellation Aquila.
Read More....SEBI approves Groww IPO, paving way for $1 billion fintech listing in India.
Read More....Indian-origin banker Piyush Gupta appointed Alternate Member of Singapore’s Council of Presidential Advisers for four years.
Read More....Gangwal family trust sells ₹2,933 crore stake in IndiGo, taking 2025 divestment total beyond ₹39,500 crore.
Read More....Murugappa Group’s CG Semi launches ₹7,600 crore semiconductor pilot line in Gujarat under India Semiconductor Mission.
Read More....Former RBI Governor Urjit Patel appointed IMF Executive Director for a three-year term.
Read More....