March 05, 2026 09:52 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Guest of India struck in international waters': Iran furious after US submarine torpedoes IRIS Dena | Bihar's 'Susashan Babu' Nitish Kumar announces exit as CM, set for Rajya Sabha debut | ‘Baseless’: India rejects claims US used its ports to strike Iran | Defiant silence: Iran women’s team refuses anthem days after Khamenei’s death | 'You’ll find out soon': Trump hints at massive retaliation after Riyadh attack, says ‘boots on ground’ may not be needed | Iran claims Netanyahu's office targeted in 'surprise missile attacks' | India, Canada to host renewable energy summit as Modi, Carney push to deepen bilateral ties | Gold, silver surge as Middle East conflict sparks safe-haven buying | Middle East tension: Several US warplanes crash in Kuwait, says Defence Ministry | Indian defence shares jump as West Asia conflict triggers investor rush
Photo courtesy: PIB

DAC greenlights 10 capital acquisition proposals valued at Rs 1.45 lakh crore to boost Indian defence

| @indiablooms | Sep 04, 2024, at 06:32 am

New Delhi: The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, on Tuesday, granted Acceptance of Necessity (AoN) for 10 capital acquisition proposals worth Rs 1,44,716 crore.

Of this amount, 99% is allocated to indigenous sources under the Buy (Indian) and Buy (Indian-Indigenously Designed, Developed, and Manufactured) categories, the Ministry of Defence said in a statement.

The proposal for procuring Future Ready Combat Vehicles (FRCVs) for modernizing the Indian Army's tank fleet has been approved.

The FRCV will be an advanced Main Battle Tank, offering superior mobility, all-terrain capability, multilayered protection, precise and lethal firepower, and real-time situational awareness.

Acceptance of Necessity (AoN) has also been granted for the acquisition of Air Defence Fire Control Radars, which will be used to detect and track aerial targets and provide firing solutions.

Additionally, the proposal for Forward Repair Team (Tracked) equipment, designed and developed by Armoured Vehicles Nigam Limited, has been approved.

This equipment offers suitable cross-country mobility for in-situ repairs during mechanized operations and is authorized for both mechanized infantry battalions and armoured regiments.

Furthermore, three AoNs have been issued to boost the capabilities of the Indian Coast Guard (ICG).

The approved procurements include Dornier-228 aircraft, Next Generation Fast Patrol Vessels with high operational features for rough weather conditions, and Next Generation Offshore Patrol Vessels with advanced technology for enhanced long-range operations.

These additions will improve ICG's ability to conduct surveillance, maritime zone patrolling, search and rescue, and disaster relief operations.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm