The Indian Army is set to issue a Request for Proposal RFP this year for a project worth an estimate...........

Current GK (IBPS-CL) Defence

The Indian Army is set to issue a Request for Proposal (RFP) this year for a project worth an estimated_________ to produce 1,770 Future Ready Combat Vehicles (FRCVs) in India,

Rs 30,000 crore

Rs 45,000 crore

Rs 50,000 crore

Rs 57,000 crore

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Explanation:

The Indian Army is set to issue a Request for Proposal (RFP) this year for a project worth an estimated Rs 57,000 crore to produce 1,770 Future Ready Combat Vehicles (FRCVs) in India, slated to replace the ageing Russian-origin T-72 tanks from 2030 onwards, according to a report by the Times of India (TOI).