December 24, 2024 08:24 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip | Three pro-Khalistani terrorists, who attacked a police outpost in Gurdaspur, killed in an encounter | Who is Sriram Krishnan, an Indian-American picked by Donald Trump as US AI policy advisor? | Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait
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.