Union Government cleared 1500 crore Rupees Proposal for Pinaka Rockets

The Union government in March 2013 approved a 1500 crore Rupees proposal for production of more than 2000 rockets for the Pinaka multi- barrel weapons system.

The proposal was approved to enhance the Army's firepower. The Indian Army requires more than 2000 of these rockets to equip its 10-12 regiments comprising the Pinaka launchers.

A meeting of the Cabinet Committee on Security (CCS), which was headed by Prime Minister Manmohan Singh, had given its approval to the proposal enthused by the Defence Ministry for upgrading the capabilities of the Ordnance Factory Board (OFB) for producing these rockets.

According the proposal, the Ordnance Factory Board (OFB) under the Department of Defence Production, is going to upgrade facilities at nine of its factories involved in the production of Pinaka rockets.

It was also decided by the defence Ministry to drive in 15000 crore rupees to augment domestic military production with a focus on indigenisation to avoid scams in acquisition of foreign military hardware.

The major plans of OFB include augmentation of production capabilities for T-90 and T-72 tanks, engines for armoured vehicles and setting up of 155mm howitzer production plants.

It was also decided by Ministry's Department of Defence Production to hike the allocation from 583 crore Rupees during the 11th Plan period to 15000 crore Rupees for modernisation of the production capabilities of OFB during the current Plan.
The Ordnance Factory Board (OFB) list includes upgrading of 130mm M46 field artillery guns to 155mm 45 calibre standard, development of 155mm 52 calibre mounted howitzers and integration of the 105mm field guns on BMP combat vehicles.