To enhance the combat capabilities of the armed forces, the defence ministry on Thursday approved the procurement of a number of military platforms and weaponry, including light tanks, anti-ship missiles, and long-range guided bombs, at the cost of Rs 84,328 crore.
The Defense Acquisition Council (DAC), which is led by Defense Minister Rajnath Singh, approved the acquisition proposals.
The Acceptance of Necessity (AoN) for the acquisition was issued in the midst of heightened tensions between India and China after forces from both countries clashed along the Line of Actual Control (LAC) at Yangtse in the Tawang sector of Arunachal Pradesh.
The defence ministry announced that the DAC approved 24 capital acquisition bids, including six for the Indian Army, six for the Indian Air Force, ten for the Indian Navy, and two for the Indian Coast Guard, with a total value of Rs 84,328 crore.
According to the document, the ideas include the acquisition of futuristic infantry combat vehicles, light tanks, navy anti-ship missiles, multi-purpose vessels, a new spectrum of missile systems, long-range guided bombs, and next-generation offshore patrol vessels.
According to the ministry, 21 proposals totalling Rs 82,127 crore will be bought from domestic sources.