New Delhi (NVI): The Defence Ministry today signed a contract with Mahindra Defence Systems Ltd (MDSL) for the supply of 1,300 Light Specialist Vehicles to the Indian Army.
The induction of vehicles, at a cost of Rs 1,056 crore, is planned to be completed in four years.
The contract will provide a further boost to the ‘Make in India’ initiative and will add another milestone to the ‘Atmanirbhar Bharat Abhiyaan’ of the government, according to a statement issued by the Defence Ministry.
The Light Specialist Vehicle is a modern fighting vehicle and will be authorised to various fighting units for the carriage of Medium Machine Guns, Automatic Grenade Launchers as well as Anti-tank Guided Missiles.
It is indigenously designed and developed by MDSL.
These combat vehicles are extremely agile with all-round protection against small arms fire and will assist small independent detachments which are required to operate this weapon platform in the operational area.