Defence Acquisition Council (DAC) has accorded the Acceptance of Necessity (AoN) for Capital Acquisition Proposals of the Armed Forces amounting to Rs 76,390 crore.
This will give boost to the Indian Defence Industry and reduce foreign spending significantly. The DAC meeting was headed by Defence Minister, Rajnath Singh.
Indian Army: Rough Terrain Fork Lift Trucks, Bridge Laying Tanks, Wheeled Armoured Fighting Vehicles.
Indian Navy: Next Generation Corvettes (NGC).
