Ministry of Defence signs ₹697.35 Cr contracts with ACE Ltd & JCB India

Date:

The Ministry of Defence has signed contracts with M/s ACE Limited and M/s JCB India Limited in presence of Defence Secretary Shri R K Singh for procurement of quantity 1868 Rough Terrain Fork Lift Truck (RTFLT) at a total cost of ₹697.35 crore for Indian Army, Indian Airforce and Indian Navy.

Rough Terrain Fork Lift Truck (RTFLT) is a critical equipment which will assist in various combat and logistics support tasks by avoiding manual handling of enormous number of stores and thus enhancing the operational effectiveness of Indian Army, Indian Air Force and Indian Navy.

The present case being a Buy (Indian) case will enhance national defence equipment manufacturing capabilities. This project has immense potential of direct and indirect employment generation by encouraging MSME sector through component’s manufacturing. The procurement marks a pivotal step towards modernising India’s defence infrastructure and empowering indigenous industries, which will be a proud flag-bearer of ‘Aatmnirbhar Bharat’.

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