Indian government approves defense acquisitions worth Rs 45,000 crore from domestic vendors
The Government of India gave a significant boost to the "Atmanirbhar Bharat" initiative by approving defense acquisitions worth Rs 45 thousand crore from domestic vendors.
An Overview of the News
The Defense Acquisition Council (DAC), chaired by Defense Minister Rajnath Singh, has granted Approval of Requirement (AoN) for nine capital acquisition proposals.
These acquisitions will exclusively involve Indian vendors, which will significantly contribute to the growth of the Indian defense industry and align with the objective of achieving self-reliance in defense manufacturing.
DAC grants AoN for the following purchases:
Lightly armored multi-role vehicle and integrated surveillance and targeting system.
High Mobility Vehicle Gun Towing Vehicle for rapid mobilization of artillery guns and radar.
Next-generation survey ship to enhance hydrographic capabilities of the Indian Navy.
Dhruvastra short-range air-to-surface missiles for indigenous ALH Mk-IV helicopters.
12 Su-30 MKI aircraft with associated equipment from Hindustan Aeronautics Limited.
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