India Plans To Buy Over 3,000 Anti-Tank Guided Missiles From France - Reports

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India Plans to Buy Over 3,000 Anti-Tank Guided Missiles From France - Reports

India plans to purchase more than 3,000 MILAN 2T anti-tank guided missiles (ATGMs), produced in the country in partnership with France, the ANI news agency reported on Monday, citing Defense Ministry sources

NEW DELHI (UrduPoint News / Sputnik - 21st January, 2019) India plans to purchase more than 3,000 MILAN 2T anti-tank guided missiles (ATGMs), produced in the country in partnership with France, the ANI news agency reported on Monday, citing Defense Ministry sources.

"An Army proposal in this regard would come up for discussion at a high-level meeting of the Defence Ministry for buying more than 3,000 of the second-generation Milan 2T ATGMs which are license-produced by the Bharat Dynamics Limited (BDL) in partnership with a French firm," the sources told the media outlet.

The deal will be reportedly worth over 10 billion rupees ($143 million).

According to the agency, the Indian armed forces are in need of about 70,000 ATGMs of various types, as well as 850 launchers.

The deal is likely to be a stopgap measure to satisfy the army's needs until India finalizes the development of its own third generation ATGM, the sources added.

MILAN 2T is a French second generation ATGM produced by India's BDL. The missile has a reported range of more than 2 kilometers (1.2 miles).