New Delhi: India’s Ministry of Defence today signed a Rs 20,000 crore (Rs 200 billion/$2.8 billion) contract with the state-run Ordnance Factory Board (OFB) to licence-build 464 additional T-90S main battle tanks for the Indian Army. The indent for the 464 of these tanks were issued to 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: 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 […]