Key Military Acquisitions Under 'Make in India' Initiative worth Rs 1.05 Lakh Crore
The Defence Acquisition Council (DAC) operates under Defence Minister Rajnath Singh. It has accorded Acceptance of Necessity (AoN) to 10 capital acquisition proposals. These military acquisition proposals amount to approx. Rs 1.05 lakh crore through indigenous sourcing.
The proposal includes the procurement of Armoured Recovery Vehicles and an Electronic Warfare System. It also covers the Integrated Common Inventory Management System and Surface-to-Air Missiles (SAMs). According to a press release by the Ministry of Defence, these will provide higher mobility and effective air defence. They will ensure better supply chain management. These systems will augment the operational preparedness of the Armed Forces.
Moored Mines will also be procured. Mine Counter Measure Vessels will join them. Additionally, Super Rapid Gun Mount will be acquired. Submersible Autonomous Vessels are included. They will help mitigate potential risks posed to the Naval and Merchant Vessels
The biggest feature of this procurement is that it is done under the Buy (Indian-Indigenously Designed Developed and Manufactured) category.
It means “Indigenously Designed, Developed, and Manufactured”. Thus, all these weapon systems will be of indigenous production. The investment of Rs. 1.05 lakh crore will flow into domestic companies. This will help boost indigenous defence technology and production. It is another major boost to the ‘Make in India’ and ‘Atmanirbhar Bharat’ campaign.
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