Friday, February 27, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Manufacturing

DAC approves Rs.1,300cr acquisition

Fiinews by Fiinews
March 18, 2020
in Manufacturing
Reading Time: 1 min read
A A
0
Ministry of Defence
0
SHARES
10
VIEWS
LinkedinShare on Twitter

DAC clears acquisition of 83 Mk1A

The Defence Acquisition Council (DAC) has approved acquisition of indigenous defence equipment for about Rs.1,300 crore while the Cabinet Committee on Security (CCS) will consider acquisition of 83 more advanced Mk1A aircraft, said the Defence Ministry on 18 Mar 2020.

While orders of 40 Tejas aircraft had been placed with Hindustan Aeronautics Limited (HAL) in initial configurations, the DAC has paved the way for procurement of 83 of the more advanced Mk1A version of the aircraft from HAL by finalising the contractual and other issues.

Among others, the proposals were for procurement of Aerial Fuses and Twin-Dome Simulators for Hawk Mk32 aircraft for the Indian Air Force.

The Light Combat Aircraft Tejas indigenously-designed by Aircraft Development Agency (ADA) under the Defence Research and Development Organisation (DRDO) and manufactured by HAL is going to be the backbone of Indian Air Force in future.

In 2016, the DAC had approved an amendment to the Defence Procurement Procedure (DPP) to enable review by a Costing Committee of bids submitted by Joint Ventures of Defence Public Sector Undertakings (DPSUs)/Ordnance Factory Board (OFB)/DRDO from whom procurement of Defence items is undertaken on a nomination basis. fiinews.com

Tags: Ministry of Defence
ShareTweetShare

Related Posts

Bharat Skytech
Manufacturing

Manufacture: Thakral to produce drone components

by Fiinews
February 27, 2026
0
11

Planned 20-30 drone retail stores across South Asia over next 2-3 years Singapore Exchange-listed Thakral Corporation Ltd said it will...

Pramara
Manufacturing

Manufacture: Pramara to handle Sega products

by Fiinews
February 25, 2026
0
17

Lamba expands manufacturing capabilities in India NSE EMERGE-listed Pramara Promotions Limited from Mumbai, with offices in Texas and Hong Kong,...

Ieema

Manufacture: ‘Zero defect, Zero effect’ reiterated

February 25, 2026
18
Foxconn

Manufacture: Foxconn in India is win-win for world

February 23, 2026
16
Embraer

Manufacture: Adani-Embraer to assemble E175 jet

February 23, 2026
14
Association of Indian Manufactrurers

Manufacture: PLI approved 836 applications

February 22, 2026
15
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Market: Paris-listed Veolia wins Indian contracts
  • Manufacture: Thakral to produce drone components
  • Tender: Railways building high-capacity network
  • Market: India-Israel elevate partnership
  • Invest: GIIS invited to set up campus in Lucknow

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.