Defence Acquisition Council clears proposals worth Rs 76,390 crore
The Defence Acquisition Council (DAC), in a meeting on Monday chaired by Defense Minister Rajnath Singh, accorded acceptance of necessity for capital acquisition proposals of the armed forces amounting to Rs 76,390 crore under 'Buy (Indian)', 'Buy & Make (Indian)' and 'Buy (Indian-IDDM)' categories.
IANS
Jun 6, 2022 10:55
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New Delhi, June 6 (IANS) The Defence Acquisition Council (DAC), in a meeting on Monday chaired by Defense Minister Rajnath Singh, accorded acceptance of necessity for capital acquisition proposals of the armed forces amounting to Rs 76,390 crore under 'Buy (Indian)', 'Buy & Make (Indian)' and 'Buy (Indian-IDDM)' categories.
The DAC accorded fresh AoNs for procurement of rough terrain forklift trucks (RTFLTs), bridge laying tanks (BLTs), wheeled armoured fighting vehicles (Wh AFVs) with anti-tank guided missiles (ATGMs) and weapon-locating radars (WLRs), through domestic sources with emphasis on indigenous design and development for the Indian Army.
A Defence Ministry statement said that it will provide substantial boost to the Indian defence industry and reduce foreign spending significantly.
For the Indian Navy, the DAC accorded AoN for procurement of next-generation corvettes (NGC) at an estimated cost of approx Rs 36,000 crore. These NGCs will be versatile platforms for variety of roles like surveillance missions, escort operations, deterrence, surface action group (SAG) operations, search and attack, and coastal defence.
The NGCs would be constructed based on new in-house design of the Indian Navy using latest technology of ship building and would contribute to further the government's initiative of SAGAR (Security and Growth for all in the Region).
The DAC also accorded AoNs for manufacture of Dornier Aircrafts and Su-30 MKI aero-engines by the Navratna CPSE Hindustan Aeronautics Ltd with focus on enhancing indigenisation particularly in indigenising aero-engine material.
"In pursuance of the government's vision for digital transformation in defence, 'Digital Coast Guard' project under Buy (Indian) Category has been approved by the DAC. Under this project, a pan India secure network for digitising of various surface and aviation operations, logistics, finance and HR processes in Coast Guard will be established," the statement said.
