30 August 2013

News Story: Indian MoD, Contractor Faulted in Guided-missile Purchases

Konkurs ATGM (Wiki Info - Image: Wiki Commons)

By VIVEK RAGHUVANSHI

NEW DELHI — India’s Defence Ministry has been severely criticized for buying 10,000 Konkurs-M anti-tank guided missiles (ATGMs) from Russia despite having a licensed production facility for the missiles at state-owned Bharat Dynamics Limited (BDL).

The latest report of the comptroller and auditor general of India (CAG), placed in the Indian Parliament recently, said, “Failure of BDL to supply the missiles intended by the Indian Army resulted in conclusion of a contract for import of 10,000 missiles at a cost of $188 million defeating the very objective of avoiding dependence on foreign supplier for the ammunition.”

A source in BDL said the Russians failed to transfer the technology to India, which kept BDL from absorbing the information on time and led to production delays. However, a Russian diplomat here said all promised technologies for the advanced Konkus-M missile have been transferred to BDL.

However, the CAG report said BDL was slow in enhancing the production base for the Konkurs-M missiles.

Read the full story at DefenseNews