Business News News: Ministry of Defense Approves Rs 28,000 crore purchase of military equipment – Defense Ministry Approved purchase of military equipment worth Rs 28000 crore

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| Update: 17 December 2020, 07:07:00 PM

New Delhi, Dec 17 (PTI) The Defense Ministry on Thursday announced Rs. The three have approved the purchase of arms and military equipment for the three military wings at a cost of Rs 28,000 crore. Officials said about this. The purchase was approved at a time when there has been a long-running standoff between India and China on the eastern Ladakh border. Officials said almost all weapons and military equipment would be purchased from local industries. “Defense Minister Rajnath Singh will lead the defense ministry,” the defense ministry said in a statement.

New Delhi, Dec 17 (PTI) It has approved the purchase of arms and military equipment for the three military wings at a cost of Rs 28,000 crore. Officials said about this. The purchase was approved at a time when there has been a long-running standoff between India and China on the eastern Ladakh border. Officials said almost all weapons and military equipment would be purchased from local industries. “The Defense Procurement Council (DAC), headed by Defense Minister Rajnath Singh, has approved Rs 27,000 crore procurement proposals from the domestic industry,” the defense ministry said in a statement. The DACA, the highest taking unit, approved a total of seven offers for purchase. “Out of seven proposals of Rs 28,000 crore, six proposals are worth Rs 27,000 crore,” the ministry said. Under this, AON (Acknowledgment Approval) will be given to Indian industry to promote ‘Make in India’ and ‘Self-reliant India’ campaigns. About), the next pay patrol vessel for the Navy and the Modular Brigade for the Army.

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