Overview

• The order aims to fit 500 Invar ATGMs on T-90 main battle tanks to boost armoured warfare effectiveness along India’s western and northern borders.
• Government sources estimate the deal at Rs2,000–3,000 crore and say it is under financial scrutiny to lock in final pricing and approval requirements.
• Defence procurement rules allow clearances up to Rs2,000 crore by the Defence Minister, require Finance Ministry approval for purchases near Rs3,000 crore and Cabinet sign-off for deals beyond that.
• The acquisition follows the Defence Acquisition Council’s recent green light for approximately Rs40,000 crore in emergency procurements to strengthen frontline forces.
• Bharat Dynamics Ltd holds an order book of Rs3,110 crore and projects 28–30% revenue growth in FY25 under the Make in India initiative to supply the missiles.