Indian Army is set to outsource repair and maintenance of its Russian-origin tank fleet of T-72 and T-90 tanks to private companies.
Bids have been invited from private vendors by asking the how they would undertake operations of Delhi-based 505 Army Base Workshop (ABW). The Army has used what they call “Government Owned Corporate Operated” (GOCO) model to describe this. Under provisions of GOCO, mooted in 2017, infrastructure and facilities of ABWs will remain under the ownership of the government while the contractors will be responsible for the day-to-day operations, plant maintenance and meeting targets.Read More…
