India’s DAC approves Rs 13,165 crore worth of proposals for procurement of military hardware
Key approvals include purchase of helicopters and rocket ammunition for the Indian Army
Imparting thrust to the ongoing modernization drive towards the country’s armed forces, the Defence Acquisition Council (DAC) in its meeting under the Chairmanship of Defence Minister Rajnath Singh on Wednesday accorded Acceptance of Necessity (AoN) for procurement of weapons of worth Rs.13,165 crore
Looking into the need of the Indian Army for an Advanced Light Helicopters (ALH) Squadron, to improve its integral lift capability ensuring its operational preparedness, the DAC accorded approval of procurement of 25 ALH Mark III helicopters from HAL under Buy Indian-IDDM at an approx. cost of Rs.3,850 crore
Giving boost to Indigenous Design and Development of ammunitions, DAC accorded approval for procurement of Terminally Guided Munition (TGM) and HEPF/RHE Rocket Ammunition under Buy (Indian-IDDM) category at an approx cost ofRs.4,962 crore from domestic sources.
Other proposals worth Rs. 4,353 crore were also accorded AoN by the DAC.
In addition, the DAC also approved a few amendments to the DAP 2020 as a part of Business Process Re-engineering to ensure further ease of doing business for the industry as well as measures to enhance procurement efficiency and reduce timelines.