Big Boost For Armed Forces: Defence Acquisition Council Approves Rs 3.60 Lakh Crore Procurement Including Of Rafale, Combat Missiles & P8I For Navy

In a significant move to enhance India's military capabilities, the Defence Acquisition Council (DAC), led by Defence Minister Rajnath Singh, has sanctioned a substantial procurement package worth Rs 3.60 lakh crore. This approval encompasses a wide array of military hardware, including the procurement of Rafale fighter jets, advanced combat missiles, and P-8I maritime reconnaissance aircraft for the Indian Navy. The decision reflects India's ongoing commitment to strengthen its defense infrastructure amid rising security challenges in the region. This procurement initiative aims to bolster the operational readiness and strategic capabilities of the armed forces, ensuring they are equipped with state-of-the-art technology to address contemporary threats. The investment is expected to not only enhance military effectiveness but also stimulate domestic defense manufacturing, aligning with the government's goal of achieving self-reliance in defense production. The DAC's endorsement marks a significant milestone in India's defense procurement strategy, paving the way for future acquisitions that will play a crucial role in safeguarding national security.
Originally reported by NDTV Profit. Read original article
Related Articles
BusinessWhite House orders Department of Homeland Security shutdown as congressional funding expires at midnight
The White House has begun shutdown procedures for the Department of Homeland Security (DHS) as funding from Congress is...
BusinessBengaluru data engineer shares ₹3 lakh pay check break-up: ‘ ₹20,000 rent, ₹5,000 on...’
A Bengaluru-based data engineer has garnered attention for her candid video revealing the details of her ₹3 lakh monthly...
Vaishnaw pushes worldwide AI, IP framework
Vaishnaw pushes worldwide AI, IP framework
BusinessGovt's incentive scheme powered 11x surge in digital payments in three years, study shows
A recent government-commissioned study reveals that the ₹8,276-crore incentive scheme, implemented between FY22 and FY25...