<p>The Defence Ministry on Monday sealed a deal with two leading domestic defence majors to procure Pinaka rocket launchers for six Army regiments at a cost of Rs 2,580 crore, officials said.</p>.<p>They said the Pinaka regiments will be deployed along India's border with China and Pakistan to further enhance operational preparedness of the armed forces.</p>.<p>The contract has been signed with Tata Power Company Ltd (TPCL) and engineering major Larsen & Toubro (L&T) while defence public sector undertaking Bharat Earth Movers Ltd (BEML) will also be part of the project.</p>.<p>The BEML will supply the vehicles on which the rocket launchers will be mounted.</p>.<p>In a statement, the Defence Ministry said the six Pinaka regiments comprise 114 launchers with Automated Gun Aiming and Positioning System (AGAPS) and 45 command posts.</p>.<p>It said the missile regiments are planned to be operationalised by 2024.</p>.<p>It said the weapons systems will have 70 per cent indigenous content and that the project has been approved by Defence Minister Rajnath Singh and Finance Minister Nirmala Sitharaman.</p>.<p>The Pinaka Multiple Launch Rocket System (MLRS) has been indigenously designed and developed by DRDO.</p>.<p>"This is a flagship project showcasing public-private partnership under the aegis of government of India (DRDO & MoD) enabling 'Aatmanirbharta' in cutting edge defence technologies," the ministry said. </p>
<p>The Defence Ministry on Monday sealed a deal with two leading domestic defence majors to procure Pinaka rocket launchers for six Army regiments at a cost of Rs 2,580 crore, officials said.</p>.<p>They said the Pinaka regiments will be deployed along India's border with China and Pakistan to further enhance operational preparedness of the armed forces.</p>.<p>The contract has been signed with Tata Power Company Ltd (TPCL) and engineering major Larsen & Toubro (L&T) while defence public sector undertaking Bharat Earth Movers Ltd (BEML) will also be part of the project.</p>.<p>The BEML will supply the vehicles on which the rocket launchers will be mounted.</p>.<p>In a statement, the Defence Ministry said the six Pinaka regiments comprise 114 launchers with Automated Gun Aiming and Positioning System (AGAPS) and 45 command posts.</p>.<p>It said the missile regiments are planned to be operationalised by 2024.</p>.<p>It said the weapons systems will have 70 per cent indigenous content and that the project has been approved by Defence Minister Rajnath Singh and Finance Minister Nirmala Sitharaman.</p>.<p>The Pinaka Multiple Launch Rocket System (MLRS) has been indigenously designed and developed by DRDO.</p>.<p>"This is a flagship project showcasing public-private partnership under the aegis of government of India (DRDO & MoD) enabling 'Aatmanirbharta' in cutting edge defence technologies," the ministry said. </p>