Defence Ministry approves ₹6.73 lakh crore acquisition proposals
after close1 source ↓written by the desknot a recommendation
- worth
- 55 proposals
- for FY26
- ₹6.73 lakh crore
- were also sanctioned
- ₹2,463.91 crore
The Defence Acquisition Council approved 55 proposals worth ₹6.73 lakh crore for FY26, enhancing military modernization. This includes air defence missiles, armoured vehicle engines, and unmanned systems. The move aims to strengthen indigenous capabilities and boost the defence sector's growth. 📈
Additionally, six proposals worth ₹2,463.91 crore were also sanctioned, indicating a robust commitment to defense procurement.
Not investment advice. For informational purposes only.