Ministry of Defence drafts Defence Acquisition Procedure 2026
after close1 source ↓written by the desknot a recommendation
- stakeholder feedback
- 3 Mar 2024
- in capital procurement
- ₹2.19 lakh crore
- capital procurement starting
- 1 Apr 2024
The Ministry of Defence released the draft ‘Defence Acquisition Procedure (DAP)-2026’ for stakeholder feedback by 3 Mar 2024. The procedure outlines ₹2.19 lakh crore in capital procurement starting 1 Apr 2024, emphasizing the ‘Atmanirbhar Bharat’ initiative to boost domestic manufacturing and reduce import reliance. This move is expected to enhance the defence ecosystem and increase exports.
Not investment advice. For informational purposes only.