The Fact News Service
New Delhi, September 16
The Defence Ministry on Friday approved nine capital acquisition proposals, worth Rs 45,000 crore, including the procurement of 12 Su-30MKIs for the Indian Air Force (IAF) which would be manufactured in India by Hindustan Aeronautics Limited (HAL).
The decision was taken during the meeting of Defence Acquisition Council (DAC), headed by Defence Minister Rajnath Singh, on Friday.
According to the Defence Ministry, the DAC accorded Acceptance of Necessity (AoN) for nine capital acquisition proposals of around Rs 45,000 crore.
The AoN for the procurement of 12 Su-30 MKI Aircraft with associated equipment from Hindustan Aeronautics Limited (HAL) was also accorded.
All these procurements will be made from Indian vendors under Buy (Indian-Indigenously Designed Developed and Manufactured (IDMM)/Buy (Indian) category which will give substantial boost to the Indian defence Industry towards achieving the goal of ‘Aatmanirbhar Bharat’.