Defence Industry

Future Indian ICV Project
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Future Indian ICV Project, 3.7 out of 5 based on 12 ratings
Issue Net Edition | Date : 01 Apr , 2013

Tata's Future Infantry Combat Vehicle (FICV)

The Future Infantry Combat Vehicle (FICV), intended to replace the Indian Army’s 2,600 BMP-2 vehicles at an estimated cost of Rs 50,000 crore, slated to be India’s biggest-ever indigenous project, faces an uncertain future. The Ministry of Defence (MoD) is contemplating scrapping the current tender and restarting anew. This comes after sitting for two years on the FICV proposals from three private sector consortia and one public sector entity. In early 2010, the MoD invited Tata Motors, the Mahindra Group, Larsen & Toubro and the Ordnance Factory Board (OFB) to submit proposals to develop an FICV. However, the Acquisitions Wing of the MoD wishes to cancel and refloat the tender as in the first place, it did not define the criteria by which the winners would be selected. Cancellation of the tender at this stage and re-tendering would mean further delay as also would result a serious loss of credibility apart from heavy financial loss to the bidders who have participated in the tender. India’s private sector defence industry is not enthused by this development.

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12 votes cast
Future Indian ICV Project, 3.7 out of 5 based on 12 ratings
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3 thoughts on “Future Indian ICV Project

  1. hi sir,
    I am intersted in advancing the defenceside but i completed m B.tech in the stream of the InformationTechnology is there an job for me means please inform me sir ,please.
    thanku
    Coming to the indian defence side you want spent less mony and high result

  2. FICV project has been a dream project for private Defence Industry. Having attended initial seminar at OBEROI on it and few other sessions ,it seemed at times, user had not defined the requirement categorically or was not clear on their requirement.

  3. Name the officers who were and are in charge. Charge them with wastage of tax payers money, non compliance with task given to them, failure in rectifying ( cancelation after 2 years is not rectifying) and endangering security of the nation.

    Its Time the IAS should be scrapped. Its a non functioning, entity

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