India's Defence Procurement Soars with Approval for Tejas Fighters, Prachand Choppers, and Domestic Weapons Worth $26.8 Billion

TL;DR Summary
The Indian defense ministry has given preliminary approval for capital acquisition proposals worth Rs 2.23 lakh crore, including the procurement of 97 Tejas fighters, 156 Prachand helicopters, and an upgrade of 84 Sukhoi-30MKI jets. The approvals also include new artillery gun systems, anti-ship missiles, and amendments to the Defense Acquisition Procedure to ensure a minimum of 50% indigenous content in procurement cases. These proposals aim to boost indigenous defense production and will need final clearance from the cabinet committee on security before contracts can be signed.
Topics:world#capital-acquisition#defense-procurement#indigenous-defense-production#prachand-helicopters#tejas-fighters#upgrade-of-sukhoi-30mki-jets
- Centre approves 97 more Tejas fighters, 156 Prachand choppers procurement in mega defence boost IndiaTimes
- India gives initial nod to buy domestic weapons worth $26.8 bln, including fighter jets Reuters India
- India To Get More Fighter Jets As Defence Panel Clears Massive Deal NDTV
- Air Force's Tejas planes deal, upgrading Su-30MKI jets on defence meeting agenda India Today
- ‘Excellent move’: PM Modi lauds ₹2.23 lakh crore defence acquisition push Hindustan Times
- View Full Coverage on Google News
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