@Somanth: Why should NAMICA replace the manportable ATGMs in the IA and especially in case of Parachute Battalions or any other Infantry Battalion for that matter of fact? It is completely different system which will complement the existing systems. In case of Recce regiments with Armored and RAPID Div, it will add to the firepower of the units and allow them to engage in non-LOS engagements. Ability of NAMICA and IFV/JEEP mounted or dismounted ATGM is completely different. Abilities of a BMP-1/2 as ATGM carriers and NAMICA are completely different. Just for example, the British Striker can be fired by a team as far a 50m from the vehicle and NAMICA has LOBL feature.
As for NAMICA being a burden on the Logistic Chain of a Mech. Infantry Unit, apart from carriage and storage od NAG missile what other burden will there be? And how much will this burden be? (though I'm yet to find out any mention of NAMICA being inducted to regular Mech Units but then these are early days). With 3 Armored divisions (+1 new raising/raised) and 4 RAPID Divisions, you've seven recce regiments which will find NAMICA a good addition to their profile.
@RahulM: The Light Tanks have always been part of Recce fomations where their speed and relative superior firepower have allowed them to undertake their assignments. There job is to undertake recce in strength and fight covering battles during the withdrawl of the main elements. Having said that, USA came up with Mobile Gun system (MGS - mounted on same platform as Stryker ICV), to augment and strengthen its Stryker Combat Team. to quote a reference to MGS,
So if the idea is to have a system to ensure "weapons overmatch" for the infantry, then you need a light tank. NAMICA will assist in any such formation. For any tank vs tank, you will need a MBT."This is not a tank replacement, but it gives a direct fire capability to support the infantry elements. The principal function of the Mobile Gun System (MGS) is to provide rapid and lethal direct fires to support assaulting infantry. The MGS is a key weapons overmatch platform to ensure mission success and survivability of the Combined Arms Company."
Light tanks and NAMICA are two different systems meant to act as complements to larger formations. They both have their roles and aren't exclusive.