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Tag: Defence Procurement

Minister of State for Defence Ajay Bhatt
'Approval accorded for procurement of military equipment worth Rs 1.8 lakh crore'

The government has said that it accorded the Acceptance of Necessity (AoN) approval for procurement of military equipment worth Rs 1,83,778 crore since 2020-21.

India Stops Import Of 2,851 Components Used In Defence Platforms
India Stops Import Of 2,851 Components Used In Defence Platforms

The list contains 2,500 imported items which have already been indigenised and 351 imported items which will be indigenised in the next three years. These items will only be procured from the Indian Industry.

Defence ministry
Defence Ministry Clears Navy's Mega Deal For Submarine Procurement

The Defence Acquisition Council (DAC) on Friday cleared the issuing of a Request For Proposal (RFP) for the Indian Navy's mega deal to procure six submarines under Project-75I through a strategic partnership route worth over Rs 45,000 crore.

Defence Procurement
India Plans To Procure 30 Armed Drones Worth $3B

New Delhi: India plans to ink a major defence deal with the US to procure 30 armed drones worth $3 billion (approximately Rs 22,000 crore) to enhance military capabilities, sources said. As per plans, India will be acquiring 30 MQ-9 Reaper — 10 each for the three services. The procurement is being done as India […]

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