The Government has accorded approval to 163 proposals worth Rs 2,46,989 Crores under various categories of capital procurement for the Indian Armed Forces in the last three years. Besides, the share of procurement from domestic firms has been on an upward trajectory. The government, in the last three years that is from 2019-20 to 2021-22 and current year (2022-23 up to September 2022), has accorded Acceptance of Necessity (AoN) to 163 proposals worth Rs 2,46,989.38 crore approximately, under various categories of capital procurement which promote domestic manufacturing as per DAP-2020,” Minister of State for Defense Ajay Bhatt said.
