India to Fortify Arsenal with Rs 697 Crore Military Equipment Deal
In a big boost to India’s defence capabilities, the Ministry of Defence (MoD) has signed contracts worth Rs 697.35 crore. The contracts have been signed with Action Construction Equipment Ltd (ACE) and JCB India Ltd. The agreement facilitates the procurement of 1,868 Rough Terrain Fork Lift Trucks (RTFLTs). These procurements are going to enhance the…