Defence Acquisition Council (DAC) has accorded Acceptance of Necessity (AoN) for nine capital acquisition proposals of approx. Rs 45,000 Crore. The meeting was held under the chairmanship of Defence Minister Rajnath Singh on 15th September, 2023.
In this regard, Defence Minister Rajnath Singh tweets “In another boost to Aatmanirbharta in Defence the Defence Acquisition Council today approved AoN for nine capital acquisition proposals for the Armed Forces worth Rs 45,000 crore. Procurement of Light Armoured Multipurpose Vehicles, Integrated Surveillance & Targeting System and Next Generation Survey Vessels will be made. The MoD is planning to upgrade its indigenisation ambitions. We would now be aiming for a minimum 60-65% indigenous content.”
News Source: Twitter (@rajnathsingh)
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