Defence Ministry signs contracts worth ₹2,500 crore for anti-tank missile systems, light vehicles

The anti-tank ‘Nag’ missile on display at the Research Centre Imarat in Hyderabad.
| Photo Credit: P.V. Sivakumar

The Union Ministry of Defence (MoD) on Thursday (March 27, 2025) signed contracts worth ₹2,500 crore for the procurement of the tracked version of the Nag Anti-Tank Missile System (NAMIS) for the Indian Army’s mechanised formations, and another with Force Motors Limited and Mahindra & Mahindra Limited for around 5,000 light vehicles for the Armed Forces.

The total cost of the contract for the procurement of tracked NAMIS, developed by the Defence Research and Development Laboratory of the Defence Research and Development Organisation, is ₹1,801.34 crore, the MoD said in a statement.

NAMIS is a third-generation anti-tank missile with fire-and-forget anti-tank missile and sighting system, and the tracked system is mounted on a BMP-2 chassis. “It marks a significant milestone in the modernisation of the anti-tank capability of mechanised infantry, enhancing the Indian Army’s operational readiness across a varied spectrum of operations,” the statement said.

The light vehicles to be procured are designed in accordance with contemporary vehicle technology, with enhanced engine power to cater to a payload of 800 kgs, according to the Ministry. “It will provide mobility to the armed forces in all types of terrain and operational conditions,” the MoD said.