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BEML Ltd, a prominent Indian public sector undertaking under the Ministry of Defence, has announced its intention to develop a Future Ready Combat Vehicle (AFV-FRCV) for the Indian Army, seeking global partners for a License and Technology Collaboration Agreement. This initiative aligns with India’s Make in India initiative and aims to replace the aging T-72 fleet with a versatile, modular combat vehicle featuring modern armor, enhanced mobility, and advanced technologies. The project not only enhances India’s indigenous defense capabilities but also positions BEML as a significant player in the global defense market, with potential for future exports, thereby reducing dependence on foreign military imports amid regional tensions.
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