India’s DAC Approves ‘Acceptance Of Necessity’ For 24 Capital Acquisition Proposals, For The Armed Forces & Indian Coast Guard

The Defence Acquisition Council (DAC), headed by Raksha Mantri Shri Rajnath Singh, in its meeting held on December 22, 2022, has accorded approval for Acceptance of Necessity (AoN) for 24 Capital Acquisition Proposals.

These proposals include six for Indian Army, six for Indian Air Force, 10 for Indian Navy and two for Indian Coast Guard for a total value of Rs 84,328 crore. It is pertinent to mention that 21 proposals, worth Rs 82,127 crore (97.4%), are approved for procurement from indigenous sources. This unprecedented initiative of DAC will not only modernise the Armed Forces but also provide substantial boost to the defence industry to achieve the goal of ‘Aatmanirbhar Bharat’.

The AoNs accorded will equip the Indian Army with platforms and equipment such as Futuristic Infantry Combat Vehicles, Light Tanks and Mounted Gun System providing a quantum jump to Indian Army’s operational preparedness. Proposals approved also includes procurement of Ballistic Helmets, with enhanced protection level, for our soldiers.

Approvals for procurement of Naval Anti-Ship Missiles, Multi-Purpose Vessels and High Endurance Autonomous Vehicles will further enhance maritime strength giving boost to Indian Navy’s capabilities.

Indian Air Force will be further strengthened with enhanced lethal capabilities by induction of new range of missile system, Long Range Guided Bombs, Range Augmentation Kit for conventional bombs and advanced surveillance systems.

The procurement of Next Generation Offshore Patrol Vessels for Indian Coast Guard will enhance surveillance capability in the coastal areas to new heights.

Reference: PIB

Disclaimer :
The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Latest Shipping News You Would Like:

U.S Navy To Begin Testing SEALs & Special Warfare Troops For Steroids And Other Drugs

Posted on September 30, 2023

The U.S Navy is going to randomly test members of the special operations forces for performance-enhancing drugs and steroids starting in November.

U.S Navy To Commission Future Littoral Combat Ship USS Augusta In Eastport, Maine

Posted on September 30, 2023

The U.S Navy will commission the Independence-variant Littoral Combat Ship, USS Augusta (LCS 34), in a ceremony on Saturday, September 30, in Eastport, Maine.

Russia-China Trade Imbalance Leads To 150,000 Empty Containers Piling Up In Russia

Posted on September 30, 2023

The vast imbalance of Russia-China trade since the former invaded Ukraine has led to 150,000 empty containers piling up in Moscow.

U.S Navy Accuses Iranian Vessels Of Harassing Its Marine Attack Helicopter With Lasers

Posted on September 29, 2023

The vessels of IRGC shone a laser several times at a US attack helicopter as it was carrying out its routine operation in the international airspace yesterday, over the Gulf.

European Maritime Companies Ditching Toxic Ships On Bangladesh Beaches, Killing Workers

Posted on September 29, 2023

European maritime majors are now ditching old vessels for scraps on Bangladeshi beaches in polluting and dangerous conditions that have taken the lives of workers pulling them apart, informs Human Rights Watch.