On March 27, 2025, the Ministry of Defence signed contracts with Armoured Vehicle Nigam Limited, Force Motors Ltd, and Mahindra & Mahindra Ltd to procure the Nag Missile System (NAMIS) Tracked version and 5,000 light vehicles for the Armed Forces, totaling Rs 2,500 crore.
The NAMIS (Tr) contract, worth Rs 1,801.34 crore, was developed by DRDO’s Defence Research & Development Laboratory. It is an advanced fire-and-forget anti-tank weapon system designed to enhance the Indian Army’s mechanised operations and combat capabilities.
The light vehicles feature modern technology, offering enhanced engine power and an 800 kg payload capacity. They will improve mobility for the Armed Forces across various terrains and operational environments.
These procurements will boost indigenous defence manufacturing, generating employment opportunities in the MSME sector. This step reinforces the country’s defence capabilities and supports the Aatmanirbhar Bharat initiative.
