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Going it alone together: India's Defence Acquisition Council approves Rs 1.45 lkh cr for indigenous procurement

By Economic Times - 2 months ago
India's Defence Acquisition Council has approved acquisition proposals worth ₹1.45 lakh crore, with 99% allocated for indigenous procurement. This move aligns with India's Aatmanirbhar Bharat campaign and involves significant partnerships with the US. The initiative aims to modernize India's military while fostering domestic defence capabilities and international collaborations.

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