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Defence proposals worth ₹70,500 crore cleared

Defence proposals worth ₹70,500 crore cleared

March 17, 2023
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Defence proposals worth ₹70,500 crore cleared

by Blitzindiamedia
March 17, 2023
in Blitz India
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NEW DELHI: The Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh, has accorded Acceptance of Necessity (AoN) for capital acquisition amounting to over Rs 70,500 crore under Buy Indian-IDDM (Indigenously Designed, Developed and Manufactured).

Out of the total proposals, Indian Navy proposals constitute more than Rs 56,000 crore, which largely includes indigenous BrahMos missiles, Shakti Electronic Warfare (EW) systems, Utility Helicopters-Maritime etc.

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Accordance of AoN for Medium Speed Marine Diesel Engine under Make-I category is a significant step as, for the first time, India is venturing into the development & manufacturing of such engines indigenously to achieve self-reliance. To keep pace with the emerging technologies and counter the adversaries in the Western and Northern front, the necessity of the new weapons and its integration with the delivery platforms was felt by the Government. To achieve the same objectives, the DAC, has accorded the approval to Indian Air Force’s proposal for Long Range Stand-Off Weapon (LRSOW) which will be indigenously designed, developed and integrated on SU-30 MKI aircraft.

For Artillery modernisation, in addition to the ongoing Dhanush Gun System and K-9 Vajra-T Gun System, the DAC accorded AoN for procurement of 155mm/52 Caliber Advanced Towed Artillery Gun System (ATAGS) along with High Mobility Vehicles (HMVs) and Gun Towing Vehicles (GTVs) for the Indian Army. It also accorded AoN for procurement of Advance Light Helicopters (ALH) MK-III from Hindustan Aeronautics Limited (HAL) for the Indian Coast Guard.
Including today’s proposals, the total AoN granted for Capital Acquisition in the Financial Year 2022-23 is over Rs 2.71 lakh crore, out of which 99% of the procurement will be sourced from Indian industries. Such quantum of indigenous procurement will galvanise the Indian industries towards achieving the goal of ‘Aatmanirbhar Bharat’.

Tags: Buy Indian-IDDMDefenceAcquisitionCouncilDefenceMinisterRajnathSingh

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