New Delhi: Defence Acquisition Council (DAC) in its meeting held under Chairmanship of Raksha Mantri Rajnath Singh has accorded Acceptance of Necessity (AoN) for Capital Acquisitions proposals for modernization and operational needs of the Indian Armed Forces amounting to approx. Rs.13,165cr.
Of the total amount approved, procurement worth Rs. 11,486cr. (87%) is from the domestic sources, official release said. Key approvals include helicopters, guided munition and rocket ammunition.
Looking into the need of the Indian Army for an Advanced Light Helicopters (ALH) Squadron, to improve its integral lift capability ensuring its operational preparedness, the DAC yesterday accorded approval of procurement of 25 ALH Mark III helicopters from M/s HAL under Buy Indian-IDDM at an approx. cost of Rs.3,850 cr,in keeping with the continued thrust towards ‘Aatmanirbhar Bharat’ and ‘Make in India’.
Giving boost to Indigenous Design and Development of ammunitions, DAC accorded approval for procurement of Terminally Guided Munition (TGM) and HEPF/RHE Rocket Ammunition under Buy(Indian-IDDM) category at an approx cost ofRs.4,962 cr.from domestic sources.
Other proposals worth Rs. 4,353 cr. were also accorded AoN by the DAC.
