Aatmanirbhar Bharat
MoD signs Rs 3,000 crore contract with BEL for procurement of two Integrated Electronic Warfare Systems ‘Project Himshakti’
✓Ministry of Defence, on March 24, 2023, signed a contract with Bharat Electronics Limited (BEL), Hyderabad for procurement of two Integrated Electronic Warfare Systems ‘Project Himshakti’ at an overall cost of approximately Rs 3,000 crore.
✓The project is under the Buy {Indian – IDMM (Indigenously Designed Developed and Manufactured)} category comprising contemporary and niche technologies.
✓‘Project Himshakti’ will encourage participation of Indian Electronics and associated industries, including MSMEs, which are sub vendors of BEL.
✓ It will generate employment of approximately three lakh man-days over a period of two years.
✓The project is a significant leap forward in developing indigenous capabilities making the country ‘Aatmanirbhar’, in consonance with the Make-in-India initiative of the Government.