Mumbai Capital

Tata Motors signs MoU to provide employment to Army ex-servicemen

Tata Motors has signed a Memorandum of Understanding (MoU) with the Maharashtra Ex-Servicemen Corporation Ltd (MESCO), a government of Maharashtra undertaking, for generate jobs for ex-servicemen of the Indian Army. The MoU is to manufacture certain components for the Future Infantry Combat Vehicle (FICV), a high mobility armoured battle vehicle for infantry men.

$10-billion programme

The $10-billion combat vehicle programme will be developed under the ‘Make Category’ by Tata Motors and its partners. The FICV will replace the Indian Army’s fleet of 2610 Russian-designed BMP (Sarath BMP-II) series armed vehicles that are in operation since 1980.

Ravi Pisharody, Executive Director, Commercial Vehicles, Tata Motors Ltd., said, “Defence particularly needs partners with long-term commitments to see products and solutions through multiple generations of evolution. We have joined hands with MESCO and the Indian army’s ex-servicemen for India’s first indigenously developed combat vehicle.”

“Through this partnership, we will be better positioned to involve the Small & Medium Scale Enterprises in defence equipment manufacturing and cater to the opportunities available in India,” he said.

Through this collaboration, Tata Motors plans to utilise the experience of India’s ex-servicemen to develop and produce components for the FICV programme.

Vernon Noronha, Vice President, Defence and Government Business, Tata Motors, said: “Aimed at creating skilled professionals in the defence space and in line with the government’s ‘Make in India’ initiative, the collaboration is expected to create domain specific job opportunities for ex-servicemen of the Indian army.”

(Retd) Col Suhas Jatkar, Managing Director, MESCO, said, “We are honoured to have partnered with Tata Motors in this unique collaborative effort to generate employment opportunities for the country’s ex-servicemen. It will also lead to carving a niche of skilled personnel in the development of defence equipment.”

MESCO through its Mahasainik Industrial Estate, India’s first unique Ex-servicemen Industrial Estate set-up in Pune in 2002, provides employment to ex-servicemen by undertaking commercial activities close to their homes. Having bagged over 270 contracts so far, MESCO operates in thirty-four districts and employs over 11,000 ex-servicemen.



Joins hands with MESCO to build

first indigenously developed

combat vehicle



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Printable version | May 6, 2021 7:55:50 PM | https://www.thehindu.com/news/cities/mumbai/business/tata-motors-signs-mou-to-provide-employment-to-army-exservicemen/article8416282.ece

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