Orders to provide substantial boost to defence industry, says Ministry
The Defence Acquisition Council (DAC) has approved Acceptance of Necessity (AoN) for 24 Capital Acquisition Proposals, worth Rs.84,328 crore, for the Armed Forces and Indian Coast Guard.
The AoNs accorded on 22 Dec 2022 will equip the Indian Army with platforms and equipment such as Futuristic Infantry Combat Vehicles, Light Tanks and Mounted Gun System providing a quantum jump to Indian Army’s operational preparedness.
Proposals approved also includes procurement of Ballistic Helmets, with enhanced protection level, for the soldiers.
Approvals for procurement of Naval Anti-Ship Missiles, Multi-Purpose Vessels and High Endurance Autonomous Vehicles will further enhance maritime strength giving boost to Indian Navy’s capabilities, said the Defence Ministry.
Indian Air Force will be further strengthened with enhanced lethal capabilities by induction of new range of missile system, Long Range Guided Bombs, Range Augmentation Kit for conventional bombs and advanced surveillance systems.
The procurement of Next Generation Offshore Patrol Vessels for Indian Coast Guard will enhance surveillance capability in the coastal areas to new heights, it said.
The DAC’s this unprecedented initiative will not only modernise the Armed Forces but also provide substantial boost to the defence industry to achieve the goal of ‘Aatmanirbhar Bharat’ (self-sufficient). fiinews.com
