Report
India clears ₹2.12 lakh crore in military acquisition proposals
The Economic Times reports that, according to the Defence Ministry, about 82% of approved procurements will come from Indian industry.
TLDR
The Economic Times reports that India’s Defence Acquisition Council gave initial approval on October 26 to military purchase proposals worth about ₹2.12 lakh crore. Citing ANI and defence officials, it says a ₹20,000 crore proposal covers 200 light helicopters for the Army and Air Force. The plans also cover artillery, drones and air-defence systems; the Defence Ministry says about 82% of the approved procurements will be sourced from Indian industry.
Combined views
26.8K
4 Sources, first seen ago
