Zen Technologies has secured order valued at around Rs 100 crore (inclusive of taxes) from Ministry of Defence, India, for Force-On-Force Tank training system. This innovative system empowers Tank Units and Sub-Units to engage in training on real terrains under authentic conditions using their equipment, without the necessity for live ammunition.
The system has been designed, developed, and tested in-house by Zen. Following comprehensive trials, the Army recognised its immense suitability for their training needs. As this marks its inaugural order for the force-on-force tank training simulators, the company anticipate a robust demand for this product in both domestic and international markets in the forthcoming period.
Furthermore, Zen remains optimistic about the Army's potential transition to the Zen Armoured Combat Training System (ACTS) for their force-on-force training requirements. The ACTS, which seamlessly integrates with the Zen Tactical Engagement Simulator (TacSim), is capable of facilitating the force-on-force training of combined arms detachments, encompassing armour, infantry, and supporting arms. Impressively, the system can be deployed to coordinate exercises for a combined arms battle group, based on an infantry brigade and a mechanised forces combat group, across various wartime operations.
This acquisition of such equipment serves as a testament to the unwavering commitment of the Indian Armed Forces to modernise and elevate their training methods, in alignment with the Framework for Simulators issued by the MoD in September 2021. Opting for simulated training not only offers substantial cost and time savings but also significantly boosts efficiency.
Zen Technologies is a pioneer in the design, development and manufacture of world class, state-of-the-art training simulators.
| Company Name | CMP |
|---|---|
| TCS | 3825.00 |
| Infosys | 1430.15 |
| HCL Tech. | 1476.80 |
| Wipro | 464.65 |
| Tech Mahindra | 1277.45 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
