DAC approves defence proposals worth Rs 70500 Cr for the Indian Armed Forces
The Defence Acquisition Council (DAC) on March 16, 2023 has accorded Acceptance of Necessity (AoN) for defence proposals amounting to over Rs 70,500 crore under Buy {Indian-IDDM (Indigenously Designed, Developed and Manufactured)}. Out of the total proposals, Indian Navy proposals constitute more than Rs 56,000 crore, which largely includes indigenous BrahMos missiles, Shakti Electronic Warfare…