New Delhi, May 30: The modernisation of the Indian Army is well on course, Army Chief Gen MM Naravane has said, dismissing apprehensions that the need for devoting more resources to guard the Line of Actual Control in the face of the prolonged standoff with China in eastern Ladakh may starve the force of funds for buying new weapons and platforms. Emphasising his point, Gen Naravane said that 59 contracts worth Rs 21,000 crore have been concluded since last fiscal while a number of other capital acquisition proposals are in the pipeline.
In an exclusive interview to PTI, he said, “The modernisation drive of Indian Army is well on course. Recently 15 contracts worth over Rs 16,000 crore have been concluded under normal schemes of procurement and 44 contracts worth Rs 5,000 crore have been concluded in 2020-21 under emergency procurements.” (PTI)
