MoD approves procurement of military equipment, platforms worth Rs 76k cr

For the Indian Navy, the Defence Acquisition Council accorded approval for the procurement of next generation corvettes at an estimated cost of around Rs 36,000 cr

In a significant move to boost self-reliance in defence manufacturing, the government on Monday approved the procurement of military equipment and platforms worth Rs 76,390 crore from domestic industries to enhance India's overall combat capabilities.

The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, cleared the procurement of next-generation corvettes (NGCs), the manufacture of Dornier aircraft and Su-30 MKI aero-engines, wheeled armoured fighting vehicles and weapon-locating radars among others, according to the defence ministry.

For the Indian Navy, the DAC accorded approval for the procurement of NGCs at an estimated cost of around Rs 36,000 crore, the ministry said.

The NGCs