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Manufacturing: 10 capital acquisition proposals, worth Rs.144,716cr, cleared

Fiinews by Fiinews
September 5, 2024
in Manufacturing
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FRCVs to modernize Indian Army tank fleet

The Defence Acquisition Council (DAC) has accorded Acceptance of Necessity (AoN) for 10 capital acquisition proposals amounting to Rs.144,716 crore deutsche-boerse .

Of the total cost of AoNs, 99% is from indigenous sources under Buy (Indian) and Buy (lndian-Indigenously Designed Developed and Manufactured) categories, the Defence Ministry said on 3 Sept bse .

For modernisation of the tank fleet of the Indian Army, the proposal for procurement of Future Ready Combat Vehicles (FRCVs) has been cleared. The FRCV will be a futuristic Main Battle Tank with superior mobility, all terrain ability, multilayered protections, precision & lethal fires over and real-time situational awareness idrw .

The AoN was also accorded for procurement of Air Defence Fire Control Radars, which will detect & track aerial target and provide firing solution nse .

The proposal has also been approved for Forward Repair Team (Tracked) which has suitable cross-country mobility for carrying out in-situ repair during mechanised operations sbi .

This equipment is designed & developed by Armoured Vehicles Nigam Limited, and is authorised for both mechanised Infantry Battalion and Armoured Regiment worlddefenseshow .

Three AoNs have been accorded to enhance the capabilities of the Indian Coast Guard .

The procurement of Dornier-228 aircraft, Next Generation Fast Patrol Vessels having high operational features in rough weather conditions and Next Generation Offshore Patrol Vessels with advanced technology and enhanced long-range operations, will enhance the capability of ICG to carry out surveillance, patrolling of maritime zone, search & rescue and disaster relief operations sidm.in/ . Fiinews.com

Tags: Ministry of Defence
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