New Delhi: The country's Ministry of Defense has tied up with two leading domestic defense companies on Monday to buy Pinaka rocket launchers for six military regiments at a cost of Rs 2580 crore. Giving information, officials have told that the Pinaka Regiment will be deployed on the Indian frontier with China Pakistan to increase the operational preparedness of the military forces.
The agreement has been signed by Tata Power Company Limited (TPCL) and Larsen and Toubro (L&T), while the defense sector public sector Bharat Earth Movers Limited (BEML) has also been made part of the project. BEML will supply such vehicles on which rocket launchers will be placed. The Defense Ministry has said in a statement that the six Pinaka regiments will also have 'Automated Gun Aiming and Positioning System' (AGAPS) along with 114 launchers with 45 command posts. The statement said that there is a plan to start operating the missile regiment by 2024.
It has been told that 70 percent of the indigenous material will be in the weapon system, Defense Minister Rajnath Singh and Union Finance Minister Nirmala Sitharaman have approved the project. The Pinaka Multiple Launch Rocket System (MLRS) has been developed by DRDO. The Ministry has stated that 'It is an ambitious project which reflects public-private sector participation in the field of state-of-the-art technology to become' self-reliant '.