Indigenously developed Anti-Tank Guided Missiles (ATGM) Nag was successfully test-fired in desert conditions against two tank targets at different ranges and timings. With this, the developmental trials of Nag missile have been completed and it is now ready for induction.
Director General (Missiles and Strategic Systems) G Satheesh Reddy said the technology pertaining to ATGM to engage targets in different conditions have been established with the successful tests. “Anti Tank Guided Missiles (ATGM) NAG were successfully flight-tested today in desert conditions against two tank focuses on at different ranges and timings,” . “With this, the developmental trials of the missile have been completed and it is now ready for induction,” the source said.
DRDO Chairman and Secretary, Division of Defence Research & Development, S Christopher, congratulated the NAG team for the achievement.
The ATGM NAG was tested at Pokhran’s field firing range in Jaisalmer region against two tank targets at different ranges and timings.
The ATGM NAG has been produced by Defence Research and Development Company (DRDO) and the flight tests have once again proved its capability. With this, the developmental tests of the missile have been completed which is now ready for induction.
The Open fire and Forget 3rd generation ATGM NAG is incorporated with many advanced technologies including the Imaging infrared (IIR) Seeker with integrated avionics, the capability which is possessed by few nations in the world.
Earlier, Imaging Infra Red Seekers were not able to differentiate between the target and surroundings in hot desert temps. Now, highly sensitive detectors have been put in the missile for sensing heat or infra red signals.
Director General (Missiles and Strategic Systems) Dr. G Satheesh Reddy said that with the successful test flights, the technologies regarding ATGM to activate targets in various conditions have been founded.
It is known that last trails of Fireplace and Forget 3rd generation Anti-Tank Guided Missiles(ATGM Nag) were conducted on 13 June 2017, in Pokhran field firing range in Jaisalmer in which also missiles successfully hit the goals.
The third-generation fire-and-forget ATGM has been developed by the Defence Research and Development Organisation (DRDO).
“The flight assessments on Tuesday once more proved its capability. With these checks, its developmental studies have been completed and it is now ready for induction,” an official release said.
Anti-tank guided missile (ATGM):
An Anti-tank missile (ATM), Anti-tank led missile (ATGM), anti-tank guided weapon (ATGW) or anti-armor led weapon, is a guided missile primarily designed to hit and destroy heavily armored military vehicles.
ATGMs range in size from shoulder-launched weapons, which can be transported by a single soldier, to larger tripod-mounted weapons, which require a squad or team to transport and fireplace, to vehicle and aircraft mounted missile systems.
The introduction to the modern battlefield of smaller, man-portable ATGMs with larger warheads has given infantry the ability to defeat light and medium tanks at great ranges, though main battle tanks (MBTs) using composite and reactive armors have proven to be resistant to smaller ATGMs.
According to Nikkei India Manufacturing Purchasing Managers Index (PMI), India’s manufacturing sector activity fell to four-month low in February 2018 as factory output and new business orders rose at slower pace. The monthly PMI fell to 52.1 in February 2018 from 52.4 in January 2018, indicating modest improvement in operating conditions. A reading above 50 on index denotes expansion and less than that indicates contraction in activities.
India’s manufacturing sector activity fell to a four-month low in February, as factory output and new business orders rose at a slower pace, according to a monthly survey.
The Nikkei India Manufacturing Purchasing Managers Index (PMI) fell to 52.1 in February from 52. 4 in January, indicating a humble improvement in operating conditions. This is for the seventh consecutive month that the index remained above the 50-point-mark, that separates extension from contraction. Relating to Japanese financial services major Nomura, India?s manufacturing PMI remained in the expansion zone but suggested some consolidation after the rapid ramp up of activity in December.
In December 2017, the index had touched a 60-month high of 54.7. “It was promising to see that India?s production sector remained in growth territory, as the impact of July? s Goods and Services Tax continues to dissipate,” said Aashna Dodhia, Economist at IHS Markit and author of the report. In response to higher production requirements, firms raised their staffing levels during February.
Although modest, the pace of job-creation was slightly faster than January. On the prices front, the survey said that cost inflation accelerated to the sharpest since Feb 2017, adding to anticipations that inflationary risks will continue on the coming weeks. IHS Markit upgraded its CPI forecast to 5.2 per cent for financial year 2017-2018 amid a stronger oil price forecast and growing fiscal risks. The study further noted that Indian manufacturers continued to be optimistic towards 12-month outlook for output during February.
That is for the seventh consecutive month that the index remained above the 50-point-mark, that separates expansion from contraction. Regarding to Japanese financial services major Nomura, India’s manufacturing PMI remained in the growth zone but suggested some consolidation following the rapid crank up of activity in Dec.
In 2017 December, the index had handled a 60-month most of 54.7. “It had been encouraging to see that India’s developing sector continued to be in growth territory, as the impact of July’s Goods and Services Tax is constantly on the dissipate,” said Aashna Dodhia, Economist at IHS Markit and writer of the report.
In response to better production requirements, firms raised their staffing levels during February. Although humble, the speed of job-creation was somewhat faster than January. On the costs front, the survey said that cost inflation accelerated to the sharpest since Feb 2017, adding to objectives that inflationary dangers will continue within the coming months.
IHS Markit upgraded its CPI forecast to 5.2% for financial season 2017-2018 amid a more powerful oil price forecast and growing fiscal risks. The study further mentioned that Indian manufacturers remained optimistic for the 12-month outlook for result during February.
Purchasing Managers’ Indexes (PMI)
Purchasing Managers’ Indexes (PMI) are economic indicators derived from monthly research of private sector companies. The data for the index are collected through a survey of 400 purchasing managers in the making sector on seven different fields, namely, production level, new orders from customers, rate of supplier deliveries, inventories, order backlogs and employment level. Respondents can statement either better, same or worse conditions than earlier a few months. For all these areas the percentage of respondents that reported better conditions than the previous months is computed. The five percentages are multiplied by a weighing factor (the factors increasing 1 ) and are added.
The Nikkei, formally known as The Nihon Keizai Shinbun ( Japan Economics Paper), is Nikkei, Inc.’s flagship publication and the world’s largest financial paper, with a daily circulation exceeding three million.
The roots of the Nikkei started with an in-house newspaper department of Mitsui & Company in 1876 when it started publication of Chugai Bukka Shimpo (literally Domestic and Foreign Commodity Price Newspaper), a weekly market-quotation bulletin. The section was spun out as the Shokyosha in 1882. The paper became daily (except Sunday) in 1885 and was renamed Chugai Shogyo Simpo in 1889. It was merged with Nikkan Kogyo and Keizai Jiji and renamed Nihon Sangyo Keizai Shimbun in 1942. The paper changed its name to the Nihon Keizai Shimbun in 1946.