Indian MoD Approves Weapons, Platforms Acquisition Projects worth $10B

India’s Defence Acquisition Council (DAC) has given the nod to buy a range of military equipment including missiles, bombs, warships and armored vehicles, totaling nearly $10 billion.

On Dec.22, the DAC accorded approval for Acceptance of Necessity (AoN) for 24 Capital Acquisition Proposals. These proposals include six for Indian Army, six for Indian Air Force, 10 for Indian Navy and two for Indian Coast Guard for a total value of INR 84,328 Crore ($10.18 billion). It is pertinent to mention that 21 proposals, worth INR 82,127 Crore ($9.9 billion), are approved for procurement from indigenous sources.

The AoNs accorded will equip the Indian Army with platforms and equipment such as Futuristic Infantry Combat Vehicles, Light Tanks and Mounted Gun Systems. Proposals approved also includes procurement of Ballistic Helmets, with enhanced protection level, for our soldiers.

Approvals for procurement of Naval Anti-Ship Missiles, Multi-Purpose Vessels, High Endurance Autonomous Vehicles and Offshore Patrol Vessels were also greenlighted.

Indian Air Force will be further strengthened with enhanced lethal capabilities by induction of new range of missile system, Long Range Guided Bombs, Range Augmentation Kit for conventional bombs and advanced surveillance systems.