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India approves defence purchases worth Rs 54000 crore in less than month

In a major boost to self-reliance in the defence sector, India has inked contracts and cleared projects worth Rs 54000 (approximately) in less than a month.  

This move will boost capability with locally build weapons and systems, including transport planes, tanks, helicopters, airborne early warning systems, and counter-drone weapons. 

“The development reflects the government’s commitment to achieving atmanirbharta (self-reliance) in defence manufacturing. The domestic defence ecosystem is set to become more robust in the coming years as we cut down our dependence on imported military hardware,” an official said. 

The defence acquisition council (DAC) last week accorded its acceptance of necessity (AoN) for defence purchases worth Rs 13165 crore including 25 advanced light helicopters Mark III. 

India has set aside Rs 70221 crore this financial year for domestic defence procurement, accounting for 63% of the military’s capital expenditure budget.  

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