Rs 1,500 crore proposal clearance for Pinaka rockets and indigenisation plans to avoid furture scams
Rs 1,500 crore proposal clearance by Govt for production of more than 2,000 rockets for the Pinaka multi- barrel weapons system. As per the proposal, Ordnance Factory Board (OFB), under the Department of Defence Production, will upgrade facilities at 9 of its factories engaged in the production of Pinaka rockets.
- To enhance the Army’s firepower.
- The Army needs more than 2,000 of these rockets to equip its 10-12 regiments comprising the Pinaka launchers.
Indigenisation Plans to avoid Scams in future:
- In order to avoid scams in acquisition of foreign military hardware, the Defence Ministry has decided to focus on indigenisation. Thus, Defence Ministry has decided to pump in Rs 15,000 crore to augment domestic military production.
- Defence Minister A K Antony held that indigenous defence production was the only answer to avoid scandals like the recent VVIP chopper scam.
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