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Defence Council approves ₹2.38 lakh crore military proposals

after close1 source ↓written by the desknot a recommendation

The Defence Acquisition Council, led by Defence Minister Rajnath Singh, approved proposals worth ₹2.38 lakh crore on 31 Jan 2026 to enhance military capabilities. Key approvals include the Air Defence Tracked System and Dhanush Gun System, aimed at improving artillery effectiveness and communication reliability. This significant investment may bolster defence sector sentiment and related industries.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 5 Apr 2026, 16:02 IST.

Sourcesnews.google.com

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