DAC approves capital acquisition of various platforms & equipment worth Rs 38,900 crore

DAC approves capital acquisition of various platforms & equipment worth Rs 38,900 crore

In the current circumstance and the need to fortify the Armed Forces for the barrier of our outskirts and in accordance with Prime Minister Shri Narendra Modi's clarion call for 'Atmanirbhar Bharat', Defense Acquisition Council (DAC) in its gathering of today held under the chairmanship of Raksha Mantri Shri Rajnath Singh concurred endorsement for capital securing of different stages and gear required by the Indian Armed Forces. Proposition for an estimated cost of Rs 38,900 crore were endorsed. 

Concentrated on indigenous plan and advancement these endorsements incorporate acquisitions from Indian industry of Rs 31,130 crore. The gear will be made in India including Indian guard industry with interest of a few MSMEs as prime level merchants. The indigenous substance in a portion of these ventures is up to 80 percent of the undertaking cost. An enormous number of these activities have been made conceivable because of Transfer of Technology (ToT) by Defense Research and Development Organization (DRDO) to the indigenous business. These incorporate Pinaka ammo, BMP weapon redesigns and programming characterized radios for the Indian Army, Long Range Land Attack Cruise Missile Systems and Astra Missiles for the Indian Navy and Indian Air Force (IAF). The expense of these plan and improvement proposition is in the scope of Rs 20,400 crore. 

Procurement of new/extra rocket frameworks will add to the fire intensity of three Services. While obtaining of Pinaka rocket frameworks will empower raising extra regiments far beyond the ones previously enlisted, expansion of Long Range Land Attack Missile Systems having a terminating scope of 1,000 kilometers to the current weapons store will reinforce the assault capacities of the Navy and the Air Force. Essentially enlistment of Astra Missiles having Beyond Visual Range capacity will fill in as a power multiplier and tremendously add to the strike ability of the Navy and Air Force. 

Further, tending to the since quite a while ago felt need of the IAF to expand its warrior units, the DAC likewise endorsed the proposition for obtainment of 21 MIG-29 alongside upgradation of existing 59 MIG-29 airplane and acquirement of 12 Su-30 MKI airplane. While the MIG 29 acquisition and upgradation from Russia is evaluated to cost Rs 7,418 crore, the Su-30 MKI will be obtained from Hindustan Aeronautics Limited (HAL) at an expected expense of Rs 10,730 crore.

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