Defence Minister clears ₹2.38 lakh crore proposals for military upgrades
pre-market1 source ↓written by the desknot a recommendation
- to enhance defence
- ₹2.38 lakh crore
- totaling
- 55 proposals
- for 2025-26
- ₹6.73 lakh crore
The Defence Acquisition Council approved proposals worth ₹2.38 lakh crore to enhance defence capabilities. This includes 55 proposals totaling ₹6.73 lakh crore for 2025-26, marking a record for capital contracts in a financial year. Key approvals include advanced systems for the Indian Army and Air Force, boosting operational readiness.
• Approval for Defence Tracked System and Dhanush Gun System
• Enhanced artillery capabilities and real-time air defence control
• Significant impact on defence sector sentiment
Not investment advice. For informational purposes only.