Defence ministry advances procurement of military hardware worth ₹13,165 crore

In a great impetus for the defence sector, the Union defence ministry on Wednesday approved the capital acquisition of military platforms and hardware for the Indian Army, Navy and Air Force to a total value of ₹13,165 crore, asserting that 87% of this hardware will be ‘Made in India’. The decision was taken in the meeting of the Defence Acquisition Council (DAC), chaired by defence minister Rajnath Singh.

“The Defence Acquisition Council (DAC) under the chairmanship of Rasksha Mantri Shri @rajnathsingh today accorded AoN to capital acquisition proposals of Army, Navy and Air Force valuing ₹13,165 cr, of which 87 percent will be Made in India,” a statement by the defence ministry read.