The Indian Defence Ministry has again postponed the purchase of towed long-range heavy artillery guns worth more than Rs120bn ($2.5bn).

The move follows the Central Bureau of Investigation (CBI) recommendation to blacklist the defence firms that are allegedly involved in corruption cases.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Defence ministry officials said the field trials for the towed guns, which were originally scheduled for this month, would take a few more months to happen.

Singapore Technology Kinetics (STK) is one of the firms blacklisted for its alleged involvement in the Ordnance Factory Board (OFB) scam.

The recent deferral is the third since 2002.

See Also:

STK was competing against BAE Systems for the Indian Army project to deliver 400 155mm/52-calibre towed artillery guns as well as indigenous manufacture of another 1,180 howitzers after a transfer of technology.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

India is also due to acquire a range of ammunition including 1,580 towed guns, 814 mounted gun systems, 180 self-propelled wheeled guns and 100 tracked guns.

The blacklist prepared by the CBI includes STK, Israel Military Industries, Zurich-based Rheinmetall Air Defence, Russian Cooperation Defence, Delhi-based T S Kisan and Company and Ludhiana-based R K Machines Tools.