The Indian Navy’s planned loitering munition procurement worth about Rs 18,000 crore is reportedly in focus for bidders including Tata and Bharat Forge, with Solar Industries also mentioned by NDTV. The reports say the project is aimed at acquiring capabilities for the Navy through a structured procurement process.

The procurement is expected to prioritize Indian industry and indigenous manufacturing, aligning with the government’s broader policy push to strengthen domestic defence production and reduce reliance on overseas systems. While the outlets discuss the same broad set of companies and the same estimated value, they do not provide detailed contract terms or final outcomes, such as which firm is selected, production timelines, or specific technical requirements.

Overall, the reporting frames the development as part of the Navy’s effort to expand its loitering munition arsenal using homegrown manufacturing capacity, with these companies emerging as potential players as the procurement progresses.