MoD drafts new defence acquisition procedure for self-reliance
pre-market1 source ↓written by the desknot a recommendation
The Ministry of Defence (MoD) has unveiled a draft to revamp the Defence Acquisition Procedure (DAP), aiming to enhance self-reliance and force modernisation. The new guidelines will prioritize domestic manufacturing and streamline the acquisition process, aligning with India's evolving geo-strategic landscape. Stakeholders are invited to provide feedback before the draft replaces the existing DAP-2020.
Not investment advice. For informational purposes only.