On Thursday, the Defense Acquisition Council (DAC) approved proposals to purchase Rs. 27,000 crore worth of military equipment, including early warning aircraft and in-house designed patrol vessels, from the domestic industry.
The move, approved at a DAC meeting chaired by Defense Minister Rajnath Singh, was described by officials as a major boost to the “Make in India” and “Atmanirbhar Bharat” initiatives.
Among the approved acquisition proposals were airborne early warning and control (AEW & C) aircraft designed and developed by the Defense Research and Development Organization (DRDO) for the Indian Air Force, next-generation offshore patrol vessels for the Navy bridge and modular bridges for the Indian Army, according to a Defense Ministry statement.
The DAC has approved seven capital acquisition proposals for various weapons, platforms, equipment and systems required by the Army, Navy and Air Force at an approximate total cost of Rs 28,000 crore. Six of these acquisitions, valued at Rs 27,000 crore, will be made by the Indian industry, the statement said, without providing further details.
This was the first meeting of the DAC under the new defense acquisition procedure 2020 regime, and this was the first set of “acceptance of necessity (AoNs)” agreed, the statement said.
Most of the AoNs were “granted in the highest Buy Indian (IDDM) categorization,” according to the statement.