December 27, 2025 12:00 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Christmas vandalism sparks mass arrests in Raipur; Assam acts too with crackdown on 'religious intolerance' | BJP's VV Rajesh becomes Thiruvananthapuram Mayor after party topples Left's 45-year-rule in city corporation | ‘I can’t bear the pain’: Indian-origin father of three dies after 8-hour hospital wait in Canada hospital | Janhvi Kapoor, Kajal Aggarwal, Jaya Prada slam brutal lynching in Bangladesh, call out ‘selective outrage’ | Tarique Rahman returns to Bangladesh after 17 years | Shocking killing inside AMU campus: teacher shot dead during evening walk | Horror on Karnataka highway: sleeper bus bursts into flames after truck crash, 9 killed | PM Modi attends Christmas service at Delhi church, sends message of love and compassion | Delhi erupts over lynching of Hindu man in Bangladesh; protest outside High Commission | Targeted killing sparks global outrage: American lawmakers condemn mob lynching of Hindu man in Bangladesh
Photo courtesy: PIB

DAC greenlights 10 capital acquisition proposals valued at Rs 1.45 lakh crore to boost Indian defence

| @indiablooms | Sep 04, 2024, at 06:32 am

New Delhi: The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, on Tuesday, granted Acceptance of Necessity (AoN) for 10 capital acquisition proposals worth Rs 1,44,716 crore.

Of this amount, 99% is allocated to indigenous sources under the Buy (Indian) and Buy (Indian-Indigenously Designed, Developed, and Manufactured) categories, the Ministry of Defence said in a statement.

The proposal for procuring Future Ready Combat Vehicles (FRCVs) for modernizing the Indian Army's tank fleet has been approved.

The FRCV will be an advanced Main Battle Tank, offering superior mobility, all-terrain capability, multilayered protection, precise and lethal firepower, and real-time situational awareness.

Acceptance of Necessity (AoN) has also been granted for the acquisition of Air Defence Fire Control Radars, which will be used to detect and track aerial targets and provide firing solutions.

Additionally, the proposal for Forward Repair Team (Tracked) equipment, designed and developed by Armoured Vehicles Nigam Limited, has been approved.

This equipment offers suitable cross-country mobility for in-situ repairs during mechanized operations and is authorized for both mechanized infantry battalions and armoured regiments.

Furthermore, three AoNs have been issued to boost the capabilities of the Indian Coast Guard (ICG).

The approved procurements include Dornier-228 aircraft, Next Generation Fast Patrol Vessels with high operational features for rough weather conditions, and Next Generation Offshore Patrol Vessels with advanced technology for enhanced long-range operations.

These additions will improve ICG's ability to conduct surveillance, maritime zone patrolling, search and rescue, and disaster relief operations.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm