Indian government approves defense acquisitions worth Rs 45,000 crore from domestic vendors

Indian government approves defense acquisitions worth Rs 45,000 crore from domestic vendors

Daily Current Affairs   /   Indian government approves defense acquisitions worth Rs 45,000 crore from domestic vendors

Change Language English Hindi

Category : Defense Published on: September 18 2023

Share on facebook
  • The Government of India gave a significant boost to the "Atmanirbhar Bharat" initiative by approving defense acquisitions worth Rs 45 thousand crore from domestic vendors.
  • The Defense Acquisition Council (DAC), chaired by Defense Minister Rajnath Singh, has granted Approval of Requirement (AoN) for nine capital acquisition proposals.
  • These acquisitions will exclusively involve Indian vendors, which will significantly contribute to the growth of the Indian defense industry and align with the objective of achieving self-reliance in defense manufacturing.
Recent Post's
  • US President Donald Trump announced a new ‘Trump-class’ of heavily armed warships to modernise and expand the US Navy amid concerns over China’s growing naval power.

    Read More....
  • Advocate Shubham Awasthi was honoured with the 40 Under 40 Lawyer Award 2025 for his professional excellence and humanitarian contributions.

    Read More....
  • Oman has introduced its first polymer one-rial banknote, issued by the Central Bank of Oman, to enhance currency durability and security.

    Read More....
  • The NSSH Scheme of the MSME Ministry promotes SC/ST entrepreneurship by providing capacity building, market access and support for mandatory 4% public procurement.

    Read More....
  • Kisan Diwas is celebrated on 23 December every year to honour farmers’ contributions and mark the birth anniversary of Chaudhary Charan Singh.

    Read More....
  • India has excluded the dairy sector from its free trade agreement with New Zealand to protect small domestic dairy farmers.

    Read More....
  • India handed over three Quick Impact Projects (QIPs) to Myanmar’s Mandalay Region to boost vocational education, women’s training, and clean energy initiatives.

    Read More....
  • Supreme Court defines Aravalli Hills uniformly, emphasizing ecological and geological conservation across Gujarat, Rajasthan, Haryana, and Delhi.

    Read More....
  • JNCASR researchers discover the exocyst protein complex, a key regulator of cellular autophagy, with implications for neurodegenerative diseases and cancer.

    Read More....
  • India exported 3 metric tonnes of GI-tagged Indi Lime from Karnataka to Oman, enhancing global market access under the India-Oman CEPA/FTA.

    Read More....