DAC gives preliminary approval for procurement projects worth Rs 76,390 crore

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The procurement proposals were approved by the Defense Acquisition Council headed by Defense Minister Rajnath Singh. The Defense Acquisition Council (DAC), chaired by Defense Minister Rajnath Singh, on Monday approved Preliminary Approval, Approval of Requirement (AON) for capital acquisition proposals of the Armed Forces amounting to Rs 76,390 crore.

“This will provide a substantial boost to the Indian defense industry and significantly reduce foreign expenditure,” a Defense Ministry statement said. “For the Army, DAC has developed through domestic sources with emphasis on indigenous design and development of rough terrain fork lift trucks, bridge laying tanks, wheeled armored combat vehicles with anti-tank guided missiles and weapon detection radars. New AONs were given for the purchase of Rs. where did it go.

For the Navy, the AON was given for procurement of Next Generation Corvettes (NGCs) at an estimated cost of around Rs 36,000 crore. “These NGCs will be multifaceted platforms for a wide variety of roles. The ministry said surveillance missions, escort operations, deterrence, surface action group operations, search and attack and coastal defence.

These NGCs will be built based on the Navy’s new in-house design using the latest technology of shipbuilding and will contribute to further the government’s initiative of SAGAR (Safety and Growth for All in the Region).

DAC focused on increasing indigenization in aero-engine material, especially indigenization to AON for manufacturing of Dornier aircraft and Sukhoi-30 MKI aero-engines by Hindustan Aeronautics Limited.

In addition, a ‘Digital Coast Guard’ project has also been approved by DAC under ‘Buy (Indian) Category’. Under this project, a pan-India secure network will be established for digitization of various surface and aviation operations, logistics, finance and human resource processes in the Coast Guard, the statement said.