The Diplomat:
The Indian Army is expected to place an order for Israeli-made anti-tank guided missiles (ATGM) as a “stop gap” measure before India’s Defense Research and Development Organization (DRDO) can come up with an indigenous ATGM of its own within the next three years, a source familiar with the matter told Bloomberg News last month.
The procurement proposal is at an advanced stage; however, it has so far not been approved by the Indian government, the source said. A spokesperson from Israeli defense contractor Rafael Advanced Defense Systems Ltd. confirmed that talks are ongoing, although there also have been Indian media reports that the deal has been cancelled for good.
The Indian government scrapped a $500 million deal with Rafael for 321 Spike ATGM systems and 8,356 missiles in favor of an indigenous ATGM system currently under development by DRDO in December 2017. The Indian Ministry of Defense had originally selected the Spike ATGM over the U.S.-made FGM-148 Javelin ATGM system in October 2014.
