Defence boost: Govt clears mega Rs 2.12 lakh crore acquisition deal; who gets what
The Indian government has approved a massive Rs 2.12 lakh crore defense acquisition deal to modernize the Army, Navy, and Air Force. Approximately 82 percent of the procurement will be sourced from domestic Indian manufacturers to boost local industry.
Why it matters
This represents a significant shift toward self-reliance in India's defense sector and a major capital injection into the domestic military-industrial complex.
The Defence Acquisition Council (DAC), chaired by defence minister Rajnath Singh on October 26, has accorded Acceptance of Necessity (AoN) to capital acquisition proposals worth approximately Rs 2.12 lakh crore for the Indian Army, Navy and Air Force, with around 82 per cent of the proposed procurements expected to come from Indian industry.According to news agency ANI, the approvals cover a wide range of military equipment, including artillery systems, helicopters, counter-drone technology, surveillance and strike drones, naval missile defence systems, air defence equipment and weather radars.The DAC accorded approval for the Indian Army to procure High Mobility Vehicles, a Self-Propelled Tracked Gun System, Gun Shot Response System, Light Multi Role Helicopters, Very Short-Range Air Defence Systems, counter-drone systems, surveillance UAVs, an Integrated Surveillance and Strike System and…
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