2024-09-04 12:15 PM IST
On Tuesday, the Defence Acquisition Council (DAC), led by Defence Minister Rajnath Singh, approved 10 major acquisition proposals totaling Rs 1,44,716 crore. Most of this budget, 99%, will support indigenous products under the Buy (Indian) and Buy (Indian-Indigenously Designed Developed and Manufactured) categories. The approval includes the procurement of Future Ready Combat Vehicles (FRCVs), which are advanced tanks with superior capabilities for mobility, protection, and real-time awareness. The DAC also approved Air Defence Fire Control Radars for tracking aerial targets and Forward Repair Teams (Tracked) for in-field repairs by Armoured Vehicles Nigam Limited. Additionally, three proposals were greenlit to boost the Indian Coast Guard`s (ICG) abilities, including Dornier-228 aircraft and advanced patrol vessels. The meeting ended with a tribute to the late ICG DG Rakesh Pal, who passed away on August 18, 2024. The Defence Minister and DAC members honored his significant contributions with a moment of silence.
