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Home > News > India News > Videos > Big boost to India's defence, Defence Acquisition Council approves proposals worth Rs 1.4 lakh crore

Big boost to India's defence, Defence Acquisition Council approves proposals worth Rs 1.4 lakh crore

04 September,2024 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.

04 September,2024 12:15 PM IST

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