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India approves ₹2.38 lakh crore defence acquisition boost

after close1 source ↓written by the desknot a recommendation

boost to military
₹2.38 lakh crore

The Defence Acquisition Council approved a ₹2.38 lakh crore boost to military capabilities, including five S-400 missile systems and remotely piloted strike drones. This acquisition enhances the Indian Air Force's operational readiness against potential threats, significantly improving its air defence capabilities.

• Five S-400 systems to enhance detection and engagement of hostile targets.

• Remotely piloted strike aircraft to enable precision strikes without personnel risk.

This move is expected to strengthen India's defence posture and may influence defence sector investments.

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 28 Mar 2026, 16:05 IST.

Sourcesnews.google.com

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