Defence Acquisition Council approves capital acquisition proposals worth Rs 2.23 lakh crore

NEW DELHI: The Defence Acquisition Council, under the chairmanship of Defence Minister Rajnath Singh on Thursday, accorded approval for Acceptance of Necessity (AoNs) for various capital acquisition proposals amounting to Rs 2.23 lakh crore. Of the total, acquisition worth Rs 2.20 lakh crore (98 per cent) will be sourced from domestic industries. “This will give…

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