Capital procurement proposals worth Rs 2.71 Lakh Cr for Armed Forces in FY 2022-23: MoD

The Indian Government has accorded Acceptance of Necessity (AoN) to 163 capital procurement proposals worth Rs 2,46,989.38 Crores approximately, under various categories of capital procurement which promote domestic manufacturing as per DAP-2020. According to the Indian Ministry of Defence (MoD) data, the Defence Acquisition Council (DAC) in the last 12 months has accorded its Acceptance…

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