Defence Ministry gives nod to acquisition proposals worth Rs 28,000 cr
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New Delhi, Dec 18: In yet another step to boost 'Make in India' and 'Atmanirbhar Bharat', Defence Acquisition Council (DAC) led under Defence Minister Rajnath Singh gave a go-ahead to the proposals for the acquisitions amounting to Rs 27,000 crore that would be from developed and manufactured by domestic industries.
"The Defence Acquisition Council (DAC) in its meeting, today held under the Chairmanship of Raksha Mantri Shri Rajnath Singh approved Capital Acquisition proposals of various Weapons/Platforms/Equipment/Systems required by the Indian Army, the Indian Navy and the Indian Air Force at an approximate overall cost of Rs. 28,000 Cr," the Defence Ministry said in a statement.
Big boost to Make in India: Defence Acquisition Council headed by Raksha Mantri Shri @rajnathsingh approves proposals to procure equipment worth Rs 27,000 cr from domestic industry https://t.co/uuMmg7fGaM@rajnathsingh @IAF_MCC @drajaykumar_ias @indiannavy @adgpi @PIB_India
— A. Bharat Bhushan Babu (@SpokespersonMoD) December 17, 2020
This is the first meeting of the DAC under the new regime of Defence Acquisition Procedure 2020 and these are the first set of Acceptance of Necessity (AoNs) accorded with majority AoNs being accorded in the highest categorization of Buy Indian (IDDM). 6 of the 7 proposals, that is, Rs 27,000 Cr out of Rs 28,000 cr for which AoNs were granted will be sourced from the Indian industry to give a boost to the “Make in India” and “Atmanirbhar Bharat” initiatives of the Government.
Five cases valued at Rs 25000 Crore are approved under indigenous design development and manufacture category.
— रक्षा मंत्री कार्यालय/ RMO India (@DefenceMinIndia) December 17, 2020
Particularly note worthy are the @DRDO_India designed and developed AEW&C systems for the Air Force and modular bridges for the Army.
Acquisition proposals approved today include the DRDO designed and developed Airborne Early Warning & Control (AEW&C) Systems for the Indian Air Force, Next Generation Offshore Patrol Vessels for the Indian Navy and Modular Bridges for the Indian Army.