Lagatar24 Desk
New Delhi, June 6: The Defence Acquisition Council (DAC), chaired by defence minister Rajnath Singh, granted acceptance of necessity (AoN) for capital acquisition proposals worth Rs 76,390 crore in the ‘Buy (Indian),’ ‘Buy & Make (Indian),’ and ‘Buy (Indian-IDDM)’ categories, giving a major boost to the ‘Aatmanirbhar Bharat’ campaign.
For the Indian Army, they include the procurement of rough terrain forklift trucks, bridge laying tanks, wheeled armoured fighting vehicles with anti-tank guided missiles, and weapon finding radars from domestic suppliers, with a focus on indigenous design and development.
“For the Indian Navy, the DAC accorded AoN for procurement of next-generation corvettes (NGCs) at an estimated cost of approx ?36,000 crore. These NGCs will be versatile platforms for a variety of roles viz. surveillance missions, escort operations, deterrence, surface action group (SAG) operations, search and attack and coastal defence,” a defence ministry statement said.
“These NGCs would be constructed based on the new in-house design of the Indian Navy using the latest technology of shipbuilding and would contribute to further the government’s initiative of “SAGAR (security and growth for all in the region),” the statement added.
The DAC also granted AoNs to the Navratna CPSE M/s Hindustan Aeronautics Limited for the manufacture of Dornier aircraft and Su-30 MKI aero-engines, with an emphasis on increasing indigenization, particularly in the area of aero-engine material.
