India's DAP 2026 aims to enhance defence procurement
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The Defence Ministry has unveiled the draft Defence Acquisition Procedure (DAP) 2026, aiming for a transformative leap in military procurement. This new framework seeks to boost self-reliance and reduce import dependence by simplifying procedures and raising indigenous content requirements. The reduction of procurement categories from five to four will streamline the acquisition process, enhancing efficiency and promoting local manufacturing.
Not investment advice. For informational purposes only.