Four Indian companies - Tata Motors; the Mahindra Group; L&T; and the MoD-owned Ordnance Factory Board (OFB) --- will compete to design and build qty 2600 new-generation Future Infantry Combat Vehicles (F-ICVs) to replace the existing BMP-IIs. Two of these vendors will be nominated to develop a prototype each and the winning design selected for the F-ICV production.
Cost of developing and manufacturing 2600 FICVs could add up to Rs 50,000 crores.
The MoD will fund 80% of the cost of developing the FICV under the ‘Make’ procedure; the selected contractor will pay just 20%. It has been mandated that the FICV must have an indigenous content of at least 50%. With a development time of 7-8 years, the FICV should be ready by 2018.
Read the full Report: ’Make’ Project for Future Infantry Combat Vehicles
Svipja Technologies
Cost of developing and manufacturing 2600 FICVs could add up to Rs 50,000 crores.
The MoD will fund 80% of the cost of developing the FICV under the ‘Make’ procedure; the selected contractor will pay just 20%. It has been mandated that the FICV must have an indigenous content of at least 50%. With a development time of 7-8 years, the FICV should be ready by 2018.
Read the full Report: ’Make’ Project for Future Infantry Combat Vehicles
Svipja Technologies
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