On Wednesday, the Ministry of Defence signed a deal with the company Advanced Weapon Equipment India Ltd. (abbreviated as the AWEIL), Kanpur, for the manufacturing as well as supply of 463 12.7 mm Stabilised Remote Control Guns (abbreviated as the SRCG) indigenously manufactured for India’s Navy and the Indian Coast Guard (abbreviated ICG). The cumulative cost of the deal is Rs. 1752.13 crores, with Indigenous Content (abbreviated IC) of over 85%.
The SRCG is going to enhance the capabilities of...