MoD Sets Record Green-Lighting $18.5 Billion in Defence Procurement Deals

India’s Defence Acquisition Council (DAC), led by Defence Minister Rajnath Singh, made a decision to approve significant capital acquisition proposals worth ₹54,000 crore ($6.51 billion), which are planned to modernise and elevate India’s defence capabilities.It also powers the Government’s long-term initiative of promoting local defence production to bring advanced technology to all three
India’s Defence Acquisition Council (DAC), led by Defence Minister Rajnath Singh, made a decision to approve significant capital acquisition proposals worth ₹54,000 crore ($6.51 billion), which are planned to modernise and elevate India’s defence capabilities.It also powers the Government’s long-term initiative of promoting local defence production to bring advanced technology to all three
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