Top News
|Bomb threats by terrorists force 11 passenger aircraft across Europe to divert | Tata Motors seeks controling stake in Italian commercial vehicle maker Iveco | Tata Sons Chairman Chandrasekaran meets Italian PM Giorgia Meloni | Indigenous Defence Production imperative for Defence Production | Supreme Court Rules: That the Indian Constitution has Supremacy over Special Laws | That The Right to Speedy Trial is Fundamental, and Cannot be Violated to Deny Bail | And that Protesters Cannot Justify Endless occupation of any site | Restoring Fighter Aircraft Strength Foremost Task, says ACM Ashutosh Dixit after taking over as Air Chief | India’s Haryana State makes Digital ID compulsory for Doctors, Nurses and Pharmacists | Saudi Defence Minister Prince Khalif bin Sultan, Pak Army Chief Field Marshal Asim Munir and Director of Turkish Intelligence Ibrahim Kalin visit Teheran Oct 26 for peace talks | They are meeting President Masoud Pezeshkian and Secretary of Supreme National Security Council Mohsen Rezaei | UAE nominates Minister of State for Foreign Affairs Lana Zaki Nussiebeh to be the next UN Secretary General | A career diplomat, the Cambridge-educated Lana was UAE’s Ambassador at the UN for a decade, playing a key role in getting Security Council membership for her country | Born in 1978 in Abu Dhabi, Lana supported the Abraham Accords on behalf of the UAE, and UAE’s Relations with Israel | Lana has deep roots in Palestine, and her Grandfather and Father both played lead roles in Diplomacy in Jordan and UAE | Trump waives Sanctions on India and China for Buying Russian Oil | And US itself buys 3.8 million tonnes of Diesel from Russia with Trump himself calling Putin for the deal | Air India, Indigo and Akasa suspend flights to Saudi Arabia due to Houthi attacks on Airports | India’Trump waives Sanctions on India and China for Buying Russian Oil | And US itself buys 3.8 million tonnes of Diesel from Russia with Trump himself calling Putin for the deal | Air India, Indigo and Akasa suspend flights to Saudi Arabia due to Houthi attacks on Airports | India Condemns Attacks on Saudi Civilian Airports, Ports and Refineries | India’s Space Economy could Grow from $9b now to $40 billion in 10 years, says Space Minister Jitendra Singh | India developing Integrated Defence Logistics for Army, Navy and Air Force |
DEFENCE INDUSTRYINDIAN AIR FORCEINDIAN ARMYINDIAN NAVYTOP

DAC approves proposals worth Rs. 70,500 crore ($8.5 billion) for Armed Forces & Indian Coast Guard

  • Defence Acquisition Council approves proposals worth Rs. 70,500 crore ($8.5 billion) for the Armed Forces & Indian Coast Guard under Buy (Indian-IDDM) category
  • BrahMos missiles, Shakti EW systems & Utility Helicopters-Maritime, valued at Rs. 56,000 crore (approx. $7 billion), cleared for Indian Navy
  • Long Range Stand-Off Weapon for the Indian Air Force gets the nod; to be integrated on SU-30 MKI aircraft
  • 155mm/52 Caliber ATAGS, along with High Mobility & Gun Towing Vehicles, to be procured for Indian Army
  • Indian Coast Guard to get Advance Light Helicopters MK-III from HAL
  • Over Rs. 2.71 lakh crore worth of procurement cleared in FY 2022-23; 99% to be sourced from Indian industries

New Delhi, March 16. A meeting of Defence Acquisition Council (DAC), held on March 16, 2023 under the chairmanship of Defence Minister Rajnath Singh, has accorded Acceptance of Necessity (AoN) for capital acquisition amounting to over Rs. 70,500 crore ($8.5 billion) under Buy {Indian-IDDM (Indigenously Designed, Developed and Manufactured)}. Out of the total proposals, Indian Navy proposals constitute more than Rs 56,000 crore (approx. $7 billion), which largely includes indigenous BrahMos missiles, Shakti Electronic Warfare (EW) systems, Utility Helicopters-Maritime etc.

While this additional procurement of BrahMos missile system will enhance the maritime strike capabilities & Anti-Surface Warfare Operation, the addition of Utility Helicopters will multiply the operational readiness of the Indian Navy in the domain of Search & Rescue operations, Casualty Evacuation, Humanitarian Assistance Disaster Relief (HADR) etc. Similarly, Shakti EW systems will equip and modernise the frontline Naval ships to counter any Naval Operations by the adversaries.

Accordance of AoN for Medium Speed Marine Diesel Engine under Make-I category is a significant step as, for the first time, India is venturing into the development & manufacturing of such engines indigenously to achieve self-reliance & leverage the capabilities of the Industries towards the goal of ‘Aatmanirbhar Bharat’. To keep pace with the emerging technologies and counter the adversaries in the Western and Northern front, the necessity of the new weapons and its integration with the delivery platforms was felt by the Government. To achieve the same objectives, the DAC 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% 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’.

Related Articles

Back to top button