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India inks ammo deal with Saudi Arabia, to send artillery worth $225 Mn

Munitions India Limited (mil) has just signed its largest export order from Saudi Arabia amid the multiple conflicts brewing in West Asia. Under the contract, The Indian arms maker will arm Riyadh with artillery worth a whopping $225 million. It’s a milestone agreement that was sealed earlier this week, during the World Defence Show at Riyadh.

Indian PSU firm Munitions India Limited signed a contract worth $225 million for supply of artillery ammunition to Kingdom of Saudi Arabia through its partner, Nadrah Company, on Tuesday. Saudi Governor of the General Authority of Military Industries, Ahmad Abdulaziz Al-Ohali, and Indian MoS Defence Ajay Bhatt also seen | Photo Credit: ANI

 Source: Wion




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