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Projects: DAC approves Rs.45,000cr AoN for capital acquisition proposals

Fiinews by Fiinews
September 19, 2023
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Approved: Avionic upgradation of Dornier Aircraft for Air Force

Defence Acquisition Council (DAC) has accorded Acceptance of Necessity (AoN) for nine capital acquisition proposals of approx. Rs.45,000 crore on 15 Sept from Indian vendors under Buy (Indian-Indigenously Designed Developed and Manufactured (IDMM)/Buy (Indian) category which will give substantial boost to the Indian defence Industry towards achieving the goal of ‘Aatmanirbhar Bharat’.

To enhance protection, mobility, attack capability and increased survivability of Mechanised Forces, the DAC accorded the AoN for procurement of Light Armoured Multipurpose Vehicles (LAMV) and Integrated Surveillance and Targeting System (ISAT-S). The DAC cleared AoN for procurement of High Mobility Vehicle (HMV) Gun Towing Vehicles for swift mobilisation and deployment of Artillery Guns and Radars.

The DAC also approved procurement of Next Generation Survey Vessels for the Indian Navy which will greatly enhance its capabilities in performing Hydrographic Operations.

The DAC also accorded AoN for proposals of the Indian Air Force which included Avionic upgradation of Dornier Aircraft to improve the accuracy and reliability for operations. The procurement of Dhruvastra Short Range Air-to-Surface Missile as a potent Indigenous Precision Guided Weapon for indigenously built ALH Mk-IV Helicopters has been cleared by the DAC.

The AoN for procurement of 12 Su-30 MKI Aircraft with associated equipment from Hindustan Aeronautics Limited (HAL) was also accorded.

Defence Minister Rajnath Singh said the approvals is to upgrade the ambitions towards indigenisation. “Rather than a threshold of 50% indigenous content for IDDM projects, we should aim for a minimum 60-65% indigenous content,” he said. fiinews.com

Tags: Ministry of Defence
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