DAC Clears ₹2.12 Lakh Crore Defence Modernisation Drive, 82% Procurement Earmarked for Indian Industry

In a major boost to military modernisation and indigenous manufacturing, the Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, has granted Acceptance of Necessity (AoN) for capital acquisition proposals worth approximately ₹2.12 lakh crore for the armed forces, announced PIB.The approvals represent one of the largest defence acquisition clearances in recent years and
In a major boost to military modernisation and indigenous manufacturing, the Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, has granted Acceptance of Necessity (AoN) for capital acquisition proposals worth approximately ₹2.12 lakh crore for the armed forces, announced PIB.The approvals represent one of the largest defence acquisition clearances in recent years and
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