“The Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh, has approved capital acquisition proposals of various weapons/ platforms/ equipment/ systems required by the Indian Army, Indian Navy and Indian Air Force, in New Delhi on February 23, 2021,” the Defence Ministry said.
All these acquisition proposals will be indigenously designed, developed and manufactured.
These will include inter-alia platforms and systems designed and developed by Defence Research and Development Organisation (DRDO).
The DAC also approved that all capital acquisition contracts (delegated and non-delegated) other than D&D cases shall be concluded in two years.
The ministry, in consultation with the services and all stakeholders, will come up with a detailed plan of action for achieving the same, it added.