New Delhi approves defense procurement worth $17 billion

India has cleared ten proposals to purchase military assets, including combat vehicles, aircraft, and patrol vessels

India has approved several proposals to procure technology and weapons worth $17.2 billion, the Defense Ministry has said. Of the new purchases, 99% will be made from local vendors as part of India’s ongoing push to develop an indigenous weapons manufacturing market.

Among the approvals sanctioned on Tuesday by the Defense Acquisition Council, chaired by Defense Minister Rajnath Singh, are Future Ready Combat Vehicles for the army. According to the Defense Ministry, these are “futuristic” main battle tanks with superior mobility, all-terrain capability, multilayered protection, precision lethality, and real-time situational awareness.

India plans to acquire around 1,700 of these tanks to replace its aging fleet of Russian-origin T-72 tanks, as per an Economic Times report.

Proposals for the procurement of air defense fire control…

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New Delhi approves defense procurement worth $17 billion

 

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