
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
Shares of BEL gained 2.9% to hit a fresh 52-week high of ₹138.20 on the BSE, while Astra Microwave Products rallied 7.7% to touch a 52-week high of ₹398.60.
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.