Key Points
Defence sources indicated that the Defence Acquisition Council (DAC) is expected to approve issuing a tender worth approximately Rs 70,000 crore to Indian shipyards under the 'Make in India' initiative, including private sector shipyards...
The Indian Army is also planning a significant upgrade to its armored forces, seeking to acquire 1,700 Future Ready Combat Vehicles (FRCVs) to replace its aging fleet of Russian-origin T-72 tanks..
This project, estimated to cost over Rs 50,000 crore, aims to modernize the Armys armored vehicles, including tanks and infantry combat vehicles...
Defence Ministry sources revealed, "Defence Ministry sources told India Today TV that the Defence Acquisition Council (DAC) is expected to clear projects worth over Rs 1.3 lakh crore in the meeting scheduled to be held on Tuesday."..
The Defence Ministry's sources highlight the significance of these projects for national security and the modernization of the Indian military..
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