Deals4 Aug 2025, 08:18 am
Indian Army Signs 223.95 Crore Contract with Axiscades Aerospace & Technologies for 50-Ton Tank Transporter Trailers
AI Summary
Under the 'Aatmnirbhar Bharat' initiative, the Indian Army has signed a 223.95 crore contract with Axiscades Aerospace & Technologies Private Limited, a wholly owned subsidiary of Axiscades Technologies Ltd. The contract is for the supply of 212 next-generation 50-ton tank transporter trailers over a period of 2 years. This move is in line with the government's push for self-reliance in defense production.
Key Highlights
- Contract value: 223.95 crore
- Supply of 212 next-generation 50-ton tank transporter trailers
- Contract period: 2 years
- Awarded by: Directorate General of Capability Development, Integrated Headquarters of Ministry of Defence (Army), A Wing, Sena Bhavan, New Delhi
- Under the 'Aatmnirbhar Bharat' initiative