Defence Ministry Approves Modernisation Proposals Worth ₹84,328 Crores

New Delhi: The Indian Coast Guard and the Armed Forces have received approval from the Defence Acquisition Council (DAC) to accept 24 capital acquisition proposals totalling 84 thousand 328 crore rupees.

The DAC meeting yesterday, which was presided over by Defence Minister Rajnath Singh, decided in favour of this. In order to achieve the goal of “Aatmanirbhar Bharat,” the initiative will modernize the armed forces and provide the defence sector with a significant boost.

Approval for 24 Capital Acquisition Proposals, worth Rs 84,328 crore, for the Armed Forces & ICG were given today.

98 percent of the procurement will be from indigenous sources. This will help in modernising the Forces & boost Atmanirbharta in defence. https://t.co/NzzeErAMcf

— Rajnath Singh (@rajnathsingh) December 22, 2022

The Indian Army will get futuristic infantry combat vehicles, light tanks, and mounted gun systems as part of the Acceptance of Necessity, significantly increasing its operational readiness.

21 of the 24 proposals, totalling more than 82 thousand crore rupees, have been accepted for domestic procurement.

Six for the Indian Army, six for the Indian Air Force, ten for the Indian Navy, and two for the Indian Coast Guard are among them. The purchase of ballistic helmets with a higher level of protection for soldiers is also included in the authorized proposals.

With the implementation of new missile systems with a wider range and cutting-edge surveillance systems, the Indian Air Force will be significantly bolstered with improved lethal capabilities.

The Indian Coast Guard will be able to conduct greater coastal surveillance thanks to the purchase of Next Generation Offshore Patrol Vessels.