The Indian Ministry of Defence (MoD) has announced the signing of a contract with Bharat Dynamics Limited (BDL) for the supply of anti-tank guided missiles (ATGMs) to the Indian Army.

The contract will see BDL supply 4,960 MILAN-2T ATGMs for $163m (Rs11.8bn).

According to the MoD, the contract will further boost the ‘Make in India’ initiative of India.

The initiative has been introduced by Prime Minister Narendra Modi to make India self-reliant and increase domestic defence manufacturing in the country.

In a statement, the MoD said: “This project is a big opportunity for the defence industry to showcase its capability and will be a step in the direction of achieving the goal of ‘Atmanirbhar Bharat’ in the defence sector.”

The ministry said that the latest order is a ‘repeat order’ of a contract that was signed with BDL in March 2016.

Induction of the ATGMs is scheduled to be completed in three years.

MILAN is a portable medium-range, anti-tank weapon produced by BDL under licence from French firm MBDA Missile Systems in India.

Milan-2T is a Tandem Warhead anti-tank guided missile with 1,850m range. Both MILAN 2T and MILAN 3 missiles are armed with a tandem charge for use against reactive armour.

These ATGMs can be fired from ground and vehicle-based launchers. They can also be deployed in anti-tank role for both ‘offensive and defensive tasks’.

Last month, the Indian MoD said the army is in the process of procuring 556 augmented reality head-mounted display (ARHMD) systems.