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DAC approves Rs.3,300 crore capital for procurement

Fiinews by Fiinews
January 14, 2020
in Industry Sectors, Investment, Manufacturing, Projects
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Indigenously designed projects

 

 

The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, has approved Capital Procurement for the Defence forces amounting over Rs.3,300 crores of indigenously designed and developed equipment.

Maintaining its impetus on the ‘Make in India’ initiative, the DAC approved three projects to be indigenously designed, developed and manufactured by the Indian industry.

The first two projects include third generation Anti-Tank Guided Missiles (ATGM) and the Auxiliary Power Units (APUs) for the T-72 and T-90 Tanks, said the Ministry on 21 Oct 2019.

While the third generation ATGM would provide ‘Fire and Forget’ and “Top Attack” capabilities to the troops in an armoured battle, the APUs would enable incorporation of various upgrades to Fire Control System and Night Fighting capabilities of the Tanks.

Both these projects will be progressed under the ‘Make-II’ Category and will provide a boost to indigenous research and development in the Private Sector.

With this, for the first time the Ministry has offered complex Military equipment to be designed, developed and manufactured by the Indian private industry.

The third indigenous project pertains to discrete Electronic Warfare (EW) systems for the mountain and High Altitude terrain, which would be designed and developed by DRDO and manufactured by design cum production partner from the Indian industry. fiinews.com

Tags: Ministry of DefenceThe Defence Acquisition Council
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