3 Key Beneficiaries of ₹84,560 Crore Govt Defence Acquisition Push

The government has accorded Acceptance of Necessity (AoN) to proposals worth ₹3.61 lakh crore under various categories of capital procurement, which promotes domestic manufacturing as per DAP2020.The total share of domestic procurement has seen a phenomenal improvement from 54 per cent in FY19 to 75 per cent in FY23 and is expected to improve as 90 per cent of proposals are to be sourced from the
The government has accorded Acceptance of Necessity (AoN) to proposals worth ₹3.61 lakh crore under various categories of capital procurement, which promotes domestic manufacturing as per DAP2020.The total share of domestic procurement has seen a phenomenal improvement from 54 per cent in FY19 to 75 per cent in FY23 and is expected to improve as 90 per cent of proposals are to be sourced from the
Go to Source