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Rs 2.12 lakh crore defence push gets DAC nod, 82% for Indian firms

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The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, on October 26 accorded Acceptance of Necessity (AoN) to capital acquisition proposals worth about Rs 2,12,000 cr for the armed forces, giving a major push to defence modernisation and domestic procurement.About 82% of the approved procurements will be sourced from Indian industry, according to the Ministry of Defence.The approvals cover a wide range of platforms, weapons and surveillance systems for the Indian Army, Indian Navy and Indian Air Force, including helicopters, air-defence systems, drones, artillery systems and naval platforms.Also Read | Indian capabilities will help develop next-gen weapons: Patrice…

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