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The move, cleared during a meeting of the DAC headed by defence minister Rajnath Singh, was described by officials as a big boost to the “Make in India” and “Atmanirbhar Bharat” initiatives.(ANI PHOTO.)

DAC clears proposals to acquire defence hardware worth Rs 27,000 cr from Indian industry

Hindustan Times, New Delhi | By HT Correspondent | Edited by Sohini Sarkar
UPDATED ON DEC 17, 2020 07:22 PM IST
The DAC approved seven capital acquisition proposals for various weapons, platforms, equipment and systems required by the army, navy and air force at an approximate overall cost of Rs 28,000 crore. Six of these acquisitions, worth Rs 27,000 crore, will be made from Indian industry, the statement said.
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