New Delhi [India], June 4 (ANI): The Defence Acquisition Council (DAC), in its meeting held under the Chairmanship of Union Defence Minister Rajnath Singh on Friday, approved proposals concerning capital acquisitions of various equipment for the modernisation and operational needs of the armed forces amounting to approximately Rs 6,000 crore.
In a boost for the air defence system, the Defence Ministry on Friday approved the proposals concerning modernisation of its the Army s air defence guns.The Defence Acquisition Council (DAC), in its meeting chaired by Defence Minister Rajnath .
Defence Ministry clears Navy proposal to issue Rs 50,000 crore tender for submarines ANI | Updated: Jun 04, 2021 14:18 IST
By Ajit Dubey
New Delhi [India], June 4 (ANI): The Indian Navy will soon issue a tender worth around Rs 50,000 crores to build six new advanced conventional submarines with the Defence Ministry clearing a proposal for the same at the Defence Acquisition Council meeting on Friday. The Defence Acquisition Council meeting attended by functionaries cleared the project and the Navy will soon issue the tender to two Indian strategic partners, government sources said.
The project named P-75 India has been in the making for a long time now and would be the successor to the Scorpene or Kalvari class submarines being built at the Mazagon Dockyards Limited in partnership with France.
Read more about Defence Ministry clears mega naval project to build 6 submarines on Business Standard. The decision was taken at a meeting of the Defence Acquisition Council (DAC) chaired by Defence Minister Rajnath Singh.