New Delhi: The Narendra Modi government has approved purchase of $260-million worth of defence equipment, including an anti-tank missile, from the Indian industry, the Parliament of India was informed today. The Defence Acquisition Council (DAC), headed by the defence minister, has given approval of Capital procurement for the […]
New Delhi: India’s Defence Acquisition Council (DAC), chaired by Minister of Defence Rajnath Singh, today approved capital procurement plans of the armed forces worth over $466 million (Rs 33 billion/Rs 3,300 crore) for indigenously designed and developed equipment. Providing the much-needed impetus to the ‘Make in India‘ initiative […]
New Delhi: India’s Narendra Modi government has targeted a $26-billion defence industry by 2015, Minister of Defence Rajnath Singh said today. The target is expected to boost the sagging economy of the country. which has seen the Gross Domestic Product growth decelerating to an over five-year low at […]
New Delhi: The Defence Acquisition Council (DAC), chaired by Raksha Mantri Shri Rajnath Singh here today, accorded approval for capital procurement for the armed forces worth 20-billion rupees (Rs 2,000 crore/$282-million). Maintaining focus on the ‘Make in India‘ initiative, the DAC accorded approval for indigenous development and production […]
New Delhi: India today approved the procurement of next generation long range maritime mobile coastal batteries that would use the BrahMos supersonic cruise missiles to deliver warhead on inimical forces. The Indian Navy would operate the missile batteries. The decision came at the Defence Acquisition Council meet, the […]
