DAC Approves Defence Acquisition Proposals Worth ₹2.12 Lakh Crore
The Defence Acquisition Council (DAC) headed by Defense Minister Mr. Rajnath Singh has approved, in principle, proposals for capital acquisitions valued at approximately ₹2.12 lakh crores for the Armed Forces of India. As per the Ministry of Defence, about 82% of the acquisitions are estimated to be sourced from the Indian industry. The approvals have …
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