Make In India: Odisha-Based Firm Picked Over L&T For Rs 96 Cr Defence Contract
In a significant step towards ‘Make In India’, Odisha-based firm Anadrone Systems Private Limited has been awarded a contract worth Rs 96 crore to provide expendable aerial targets to the Indian Army and Air Force.
According to media reports, it is the first project that has been finalized under the ‘Make In India’ scheme of the Defence Ministry. The firm will have to supply at least 125 of the Manoeuvrable Expendable Aerial Targets (MEAT) and other equipment under the ‘Make In India’ II category.“Efforts are being made to drive industry-led research and development in the defence sector,” Sanjay Jaju, additional secretary-defence production, Ministry of Defence, was quoted as saying by ET.
Interestingly, the Odisha-based firm had won the contract against defence giant Larsen and Toubro (L&T).Meanwhile, Odisha Chief Minister Naveen Patnaik took to Twitter to congratulate the firm.
The company currently manufactures the ‘Shikra MEAT’ system. Experts said it was a local version of the Banshee Jet 40 system that had to be imported by the armed forces. The company assured that at least 50 per cent of the product to be supplied would have indigenous parts, the report further said.
The company had already supplied over 600 aerial targets from its Odisha factory. It had also partnered with a UK firm. An aerial target, the Shikra, is used both over land and sea for training crew on air defence weapon systems, it added.
Source:Odishabytes, Economic Times