September 16, 2023 9:27 AM

Major boost to Aatmanirbhar Bharat, govt approves defence acquisition worth 45 thousand crore rupees from domestic vendors

The Defence Acquisition Council, DAC has accorded Acceptance of Necessity, AoN for nine capital acquisition proposals of approximately 45 thousand crore rupees. The meeting was held under the chairmanship of Raksha Mantri Rajnath Singh today. All these procurements will be made from Indian vendors which will give a substantial boost to the Indian defence Industry towards achieving the goal of ‘Aatmanirbhar Bharat’. The DAC accorded the AoN for procurement of Light Armoured Multipurpose Ve...