Indian Army Launches $7 Billion FarcV Program to Replace T-72 Tank Fleet
What happened
The Indian Army is pursuing the Future Ready Combat Vehicle (FRCV) program, also known as Ranjeet, which aims to replace its entire fleet of T-72 tanks. The program involves the development of new main battle tanks by the Defence Research and Development Organisation (DRDO) and its associated establishments. The overall package received approval from the Defence Acquisition Council on September 3, 2024, and is valued at an initial ₹1.45 lakh crore. The goal is to acquire about 1,770 tanks in total, delivered in three phases of roughly 590 units each, with the expected entry into service around 2030.
From idrw.org
Why it matters
The FarcV program is one of the largest armored-vehicle projects in India's post-independence history. The initial estimate places the cost at approximately $3.95 million per unit for the $7 billion program. This massive procurement signals a significant long-term investment in indigenous defense manufacturing and technology.
From idrw.org
Who's involved
- Indian ArmyThe end-user organization requiring the replacement of its existing T-72 tank fleet.
- Combat Vehicles Research and Development EstablishmentThe primary laboratory responsible for leading the development of the new main battle tanks.
- Defence Research and Development OrganisationThe government agency overseeing the overall defense acquisition and development of the new main battle tanks.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
DRDO could secure massive, long-term contracts through the successful execution of the FarcV program.
CVRDE could benefit from the large-scale production requirements of the new tank fleet.
Keep exploring
The entities involved
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Indian Army
Land service branch of Indian Military
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Combat Vehicles Research and Development Establishment
Labratory in Chennai, India
Nothing else this week.
Related events
- The Indian Army operates a large fleet of tanks, with the Armoured Corps Centre located in Maharashtra, while the Arjun tank project has not achieved results.
- Russia proposes joint production of T-90MS tanks with India, strengthening defense ties between New Delhi and Moscow.
- The Indian Army is reportedly converting T-72 main battle tanks into unmanned platforms.