‘Excellent move’: PM Modi lauds ₹2.23 lakh crore defence acquisition push
5 Articles
5 Articles
Defence Acquisition Council approves procurements worth ₹2.23 lakh crore with 98% from domestic sources
In major defence procurement decisions, the Defence Acquisition Council (DAC) today (30 November) approved the procurement of several defence acquisitions, including Tejas Light Combat Aircraft 1A and Light Combat Helicopter from Hindustan Aeronautics Limited (HAL). The DAC under the chairmanship of Defence Minister Rajnath Sing, accorded approval in respect of Acceptance of Necessity (AoNs) for various Capital Acquisition Proposals amounting to…
97 Tejas jets, 150 helicopters: DAC clears procurement of Rs 2.23 lakh crore defence equipment from domestic firms
The Defence Ministry was scheduled to take up two of India's biggest-ever fighter aircraft projects worth Rs 1.3 lakh crore for discussion in a crucial meeting this week including buying 97 new LCA Mark 1A fighter aircraft and indigenously upgrading 84 Su-30 MKI combat planes.
India Approves Defence Acquisition Projects Worth Rs 2.23 Lakh Crore
India on Thursday accorded an initial approval to defence acquisition projects worth Rs 2.23 lakh crore that included procurement of 97 Tejas light combat aircraft and 156 Prachand combat helicopters, in a major move to significantly enhance the combat capabilities of the armed forces.The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, cleared the projects, at a time India is locked in a bitter military standoff wit…
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