India approves defence acquisitions worth ₹3.60 lakh crore
pre-market1 source ↓written by the desknot a recommendation
- to enhance military
- ₹3.60 lakh crore
India's Defence Acquisition Council approved capital acquisition proposals totaling ₹3.60 lakh crore to enhance military readiness. Key acquisitions include Multi Role Fighter Aircraft (MRFA) and combat missiles for the Indian Air Force, aimed at boosting air dominance and long-range strike capabilities. Most aircraft will be manufactured domestically, supporting local industry growth.
Not investment advice. For informational purposes only.