Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
BW Businessworld

Defence Ministry Approves Acquisition Of Military Equipment Worth Rs 70,500 Cr

Out of the total proposals, Indian Navy proposals constitute more than Rs 56,000 crore of the approvals, which largely includes indigenous BrahMos missiles, Shakti Electronic Warfare (EW) systems, Utility Helicopters-Maritime etc

Photo Credit :

1638956053_ksYpWU_Brahmos.jpg

Defence Acquisition Council (DAC) on Thursday accorded Acceptance of Necessity (AoN) for capital acquisition amounting to over Rs 70,500 crore under Buy {Indian-IDDM (Indigenously Designed, Developed and Manufactured)}.

DAC said that Indian Navy proposals constitute more than Rs 56,000 crore of the approvals, which largely includes indigenous BrahMos missiles, Shakti Electronic Warfare (EW) systems, Utility Helicopters-Maritime etc.

The procurement of BrahMos missile system will reportedly enhance the maritime strike capabilities and Anti-Surface Warfare Operation and the addition of Utility Helicopters will multiply the operational readiness of the Indian Navy in the domain of Search and Rescue operations, Casualty Evacuation, Humanitarian Assistance Disaster Relief (HADR) etc, mentioned DAC. 

“Similarly, Shakti EW systems will equip and modernise the frontline Naval ships to counter any Naval Operations by the adversaries,” DAC added.

DAC also accorded the approval to Indian Air Force’s proposal for Long Range Stand-Off Weapon (LRSOW) which will be indigenously designed, developed and integrated on SU-30 MKI aircraft.

For Artillery modernisation, in addition to the ongoing Dhanush Gun System and K-9 Vajra-T Gun System, AoN for procurement of 155mm/52 Caliber Advanced Towed Artillery Gun System (ATAGS) along with High Mobility Vehicles (HMVs) and Gun Towing Vehicles (GTVs) for the Indian Army was accorded by the DAC. 

It also accorded AoN for procurement of Advance Light Helicopters (ALH) MK-III from Hindustan Aeronautics Limited (HAL) for the Indian Coast Guard. The Helicopter will be able to carry a suite of surveillance sensors which will enhance the surveillance capabilities. It will also give full night capability and Instrument Flight Rules (IFR) capability for operations of the Indian Coast Guard.

Including today’s proposals, the total AoN granted for Capital Acquisition in the Financial Year 2022-23 is over Rs 2.71 lakh crore, out of which 99 per cent of the procurement will be sourced from Indian industries. Such quantum of indigenous procurement will galvanise the Indian industries towards achieving the goal of ‘Aatmanirbhar Bharat’.