DAC cleared indigenous projects worth Rs 3,300 crore

The Defence Acquisition Council has approved 3 projects worth Rs 3,300 crore of “indigenously designed and developed equipments”. The projects include 3rd generation Anti-Tank Guided Missiles (ATGM) and Auxiliary Power Units (APUs) for the T-72 and T-90 Tanks to be executed by the Indian industry. This is the first time the Ministry of Defence has offered complex military equipment to be designed, developed and manufactured by the Indian private industry.

The Defence Acquisition Council (DAC) meeting was chaired by Defence Minister Rajnath Singh.

Source: The Hindu

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