Defence projects worth ₹45,000 cr get govt nod
Procurements to be made from Indian vendors in line with Centre’s ‘Aatmanirbhar Bharat’ push
Procurements to be made from Indian vendors in line with Centre’s ‘Aatmanirbhar Bharat’ push
Govt to procure electronic warfare & ground-based autonomous systems, light machine gun and bridge laying tanks, and gadgets; all these will be sourced indigenously
Defence ministry says price, other terms to be negotiated with French govt after taking into account all relevant aspects, including comparative price of similar aircraft by other countries
Of this, the procurement of weapons by the Indian Navy accounts for ₹56,000 crore.
In the union budget for FY2023-24, the government allocated ₹5.94 lakh crore for the Ministry of Defence, which is 13.18% of the country’s total outlay of ₹45.03 lakh crore.
Asia’s largest aero show to exhibit India’s military hardware or tech; defence ministers of 32 countries, air chiefs of 29 countries and 73 top CEOs will attend the 5-day event.
FlightRadar24 data shows Mahan Air flight W581, headed for Guangzhou, China, making at least three circles in the skies over Delhi.