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DAC approves Rs 1.45 trillion defence orders; to boost PSUs
In FY24, the government granted Acceptance of Necessity (AoN) to proposals totalling approximately Rs 3.61 trillion under various capital procurement categories, aligning with the Defence Acquisition Procedure (DAP) 2020 to promote domestic manufacturing.Read more
India boosts Make in India with Rs 45,000 cr defense hardware purchase
This comprehensive purchase encompasses new fighter aircraft, missiles, versatile light armoured vehicles, integrated surveillance and targeting systems, as well as survey vessels, all designed to modernise its armed forces.Read more