Acquisition Wing of Ministry of Defence (MoD) has today signed contracts with M/s. Bharat Earth Movers Ltd. (BEML), M/s. Tata Power Company Ltd. (TPCL) and M/s. Larsen & Toubro (L&T) for supply of Six Pinaka Regiments to the Regiment of Artillery of the Indian Army at an approximate cost of Rs. 2580 Crores.
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These Six Pinaka Regiments comprise 114 Launchers with Automated Gun Aiming & Positioning System (AGAPS) and 45 Command Posts to be procured from M/s TPCL and M/s L&T and 330 Vehicles to be procured from M/s BEML. These Six Pinaka Regiments will be operationalised along the Northern and Eastern Borders of our country further enhancing the operation preparedness of our Armed Forces.
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Induction of Six Pinaka Regiments is planned to be completed by 2024. This project under Buy (Indian) categorisation, with 70% Indigenous Content. The Pinaka Multiple Launch Rocket System (MLRS) has been indigenously designed and developed by DRDO and productionised by the above mentioned defence industries.