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News: Ministry of Defence (MoD) has signed a tripartite Memorandum of Understanding (MoU) with BEML, Bharat Electronics (BEL) and Mishra Dhatu Nigam (MIDHANI) for indigenous development of Advanced Fuelling and Control System for Engines for heavy duty applications. This collaborative initiative will focus on leveraging indigenous capabilities to design, test, and manufacture an Advanced Fuelling and Control System that offers enhanced efficiency, performance, and reliability. By harnessing the latest advancements in engine technology and control systems, the companies aim to extend their domain expertise for development of engine systems which will ensure self-reliance in the field of Combat vehicles.
Views: Indigenous development and manufacturing of these systems for combat vehicle engines will create sizable opportunity for BEL, BEML & Midhani, considering the significant requirement of different types of combat vehicles by armed forces in coming future. As per the sources, Indian Army has requirement of over 2500 combat vehicles (including Advanced Towed Artillery Gun System, Towed Gun Systems, Mounted Gun Systems, Future Ready Combat Vehicle, Zorawar light tanks etc).
Impact: Positive