Armed forces receive approval for defence buys worth ₹3.60 trillion
Business·2026-02-12 22:48
The DAC has approved the “acceptance of necessity” (a technical term) for various proposals (from the three services) that are estimated to be worth ₹3.60 trillion, a Ministry of Defence media statement said. Indian Air Force (IAF) had proposed 114 Rafale jets to boost its squadron strength, and the Indian Navy had asked for an additional six P-8I maritime aircraft to add to its existing fleet of 12.While the statement did not specify numbers for aircraft and other goods, sources said the(IAF) had prop ...