Article

Lokesh Machines Limited has been awarded a ₹9.5 crore contract by the Sashastra Seema Bal (SSB) to supply ASMI 9×19mm submachine guns, valued at approximately $1 million. This contract highlights the increasing trust in domestic defense production, aligning with India's Atmanirbhar Bharat initiative.

The ASMI, developed by the Defence Research and Development Organisation (DRDO), features advanced technology suitable for close-quarters combat. This deal enhances SSB's operational capabilities and is indicative of the growing role of private firms in defense manufacturing, potentially leading to more contracts as the government pushes for 75% indigenous content in procurements by 2025-26. Additionally, Hindustan Aeronautics Ltd (HAL) has reported orders for various aircraft, indicating a strong position in defense production with ongoing projects valued at ₹2,22,182 crore.