Aatmanirbhar Bharat: DAC headed by Defence Minister Rajnath Singh clears proposals worth Rs 76,390 crore
March 24, 2023
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Home Bharat

Aatmanirbhar Bharat: DAC headed by Defence Minister Rajnath Singh clears proposals worth Rs 76,390 crore

The proposals cleared by DAC will provide substantial boost to the Indian Defence Industry and reduce foreign spending significantly.

WEB DESK by WEB DESK
Jun 7, 2022, 07:19 am IST
in Bharat
Defence Minister Rajnath Singh (Photo Source: ANI)

Defence Minister Rajnath Singh (Photo Source: ANI)

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New Delhi [India]: Following Prime Minister Narendra Modi’s clarion call for ‘Aatmanirbharta’, Defence Acquisition Council (DAC), in a meeting chaired by Defence Minister Rajnath Singh on Monday (June 6), accorded Acceptance of Necessity (AoN) for Capital Acquisition Proposals of the Armed Forces amounting to Rs 76,390 crore under ‘Buy (Indian)’, ‘Buy & Make (Indian)’ and ‘Buy (Indian-IDDM)’ categories, said Ministry of Defence.

This will provide a substantial boost to the Indian Defence Industry and reduce foreign spending significantly, added a press statement by the Ministry of Defence.

For the Indian Army, the DAC accorded fresh AoNs for procurement of Rough Terrain Fork Lift Trucks (RTFLTs), Bridge Laying Tanks (BLTs), Wheeled Armoured Fighting Vehicles (Wh AFVs) with Anti-Tank Guided Missiles (ATGMs) and Weapon Locating Radars (WLRs) through domestic sources with emphasis on indigenous design and development.

For the Indian Navy, the DAC accorded AoN for procurement of Next Generation Corvettes (NGC) at an estimated cost of approx. Rs 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 & Attack and Coastal Defence. 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 DAC accorded AoNs for the manufacture of Dornier Aircrafts and Su-30 MKI aero-engines by the Navratna CPSE M/s Hindustan Aeronautics Limited with a focus on enhancing indigenisation, particularly in indigenising aero-engine material.

In pursuance of the Government’s vision for digital transformation in Defence, the ‘Digital Coast Guard’ project under the ‘Buy (Indian) Category has been approved by the DAC. Under this project, a pan India secure network for digitising various surface and aviation operations, logistics, finance and HR processes in the Coast Guard will be established. (ANI)

 

Topics: Rajnath SinghIndian Armyindian NavyIndian Air ForceAatmanirbhar Bharat
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