GoI inks Rs.2,580 crore contracts to supply Army regiments with Pinaka missiles

The Ministry of Defence has signed a contract to supply six Pinaka regiments, a system of rocket launchers, to the Indian Army. The approximate cost of the missiles is Rs.2,580 crore by 2024.
The contract has been approved by the Defence Minister Rajnath Singh and Finance Minister Nirmala Sitharaman.
The contract is signed with the Bharat Earth Movers Ltd, Tata Power Company Ltd and Larsen & Toubro.
In this project, atleast 70% of indigenous content will be used.
The 6 Pinaka regiments are expected to be made operational along the country's Northern and Eastern borders.
The aim is to enhance the Indian Army's preparedness in the region against the increased provocative military movements of the Chinese troops.
Pinaka is a multi-barrel rocket launch (MBRL) system produced in India for the Indian Army. It is developed by the Defence Research and Development Organisation (DRDO). These missiles have a guidance kit bolstered by an advanced navigation and control system. It has an extended range of 70 to 80 km. It has 6 launcher vehicles, each has 12 rockets with 6 loader-replenishment vehicles.
Pinaka has 2 command post vehicles with fire control computer and a DIGICORA MET radar. It has the ability to fire all the rockets at a time or only a few in a different direction with the help of its control computer. Pinaka saw service during the Kargil War, where it was successful in neutralizing enemy positions on the mountain tops.