New Delhi, April 6 (KNN) Defence Minister Rajnath Singh is set to release the third list of major equipment which will be completely manufactured in India by December 2025.

The third list will be notified on 7th April, 2022 and it builds on the first list of 101 items and second list of 108 items that were released in the last two years.

The upcoming list will consist of over 100 items, including complex equipment and systems which are being developed and likely to translate into firm orders over the next five years, said the Defence Ministry in an effort to  achieve ‘Aatmanirbhar Bharat’.

It is estimated that orders worth more than Rs 2,10,000 crore will placed on the Industry in the next five years owing to the items covered in the third list.

Complex weapon systems to critical platforms such as armoured vehicles, combat aircraft, submarines and over 300 sophisticated items will be covered in the list.

Since the notification of the first and second lists, contracts for 31 projects worth Rs 53,839 crore have been signed by the Armed Forces. Acceptance of Necessity (AoNs) for 83 projects worth Rs 1,77,258 crore have been accorded. In addition, cases worth Rs 2,93,741 crore will be progressed in the next five-seven years. (KNN Bureau)