+
DAC Approves Capital Acquisitions Worth Over Rs 540 Bn
DEFENSE

DAC Approves Capital Acquisitions Worth Over Rs 540 Bn

In a significant push towards modernising India’s defence forces, the Defence Acquisition Council (DAC), chaired by Raksha Mantri Shri Rajnath Singh, has accorded Acceptance of Necessity (AoN) to eight capital acquisition proposals worth over Rs 540 billion.

Key Approvals for the Armed Forces Indian Army: Procurement of 1,350 HP engines to upgrade the existing 1,000 HP engines of T-90 tanks, enhancing battlefield mobility, particularly in high-altitude terrains.

Indian Navy: Procurement of Varunastra Torpedoes (Combat)—an indigenously developed, ship-launched anti-submarine torpedo by the Naval Science & Technological Laboratory—boosting the Navy’s anti-submarine warfare capabilities.

Indian Air Force: Procurement of Airborne Early Warning & Control (AEW&C) Aircraft Systems, which act as force multipliers, significantly enhancing battlefield awareness and combat potential across all weapon systems.

Accelerating Defence Procurements As part of the Ministry of Defence’s initiative to celebrate 2025 as the ‘Year of Reforms’, the DAC has also approved new guidelines aimed at reducing procurement timelines, making the capital acquisition process faster, more efficient, and effective.

This strategic boost to India’s defence capabilities aligns with the government’s commitment to self-reliance and modernisation, ensuring the armed forces remain combat-ready for future challenges.

Image Source: Deccan Herald

In a significant push towards modernising India’s defence forces, the Defence Acquisition Council (DAC), chaired by Raksha Mantri Shri Rajnath Singh, has accorded Acceptance of Necessity (AoN) to eight capital acquisition proposals worth over Rs 540 billion. Key Approvals for the Armed Forces Indian Army: Procurement of 1,350 HP engines to upgrade the existing 1,000 HP engines of T-90 tanks, enhancing battlefield mobility, particularly in high-altitude terrains. Indian Navy: Procurement of Varunastra Torpedoes (Combat)—an indigenously developed, ship-launched anti-submarine torpedo by the Naval Science & Technological Laboratory—boosting the Navy’s anti-submarine warfare capabilities. Indian Air Force: Procurement of Airborne Early Warning & Control (AEW&C) Aircraft Systems, which act as force multipliers, significantly enhancing battlefield awareness and combat potential across all weapon systems. Accelerating Defence Procurements As part of the Ministry of Defence’s initiative to celebrate 2025 as the ‘Year of Reforms’, the DAC has also approved new guidelines aimed at reducing procurement timelines, making the capital acquisition process faster, more efficient, and effective. This strategic boost to India’s defence capabilities aligns with the government’s commitment to self-reliance and modernisation, ensuring the armed forces remain combat-ready for future challenges.Image Source: Deccan Herald

Next Story
Infrastructure Energy

L&T to Build India’s Largest Green Hydrogen Plant for IOCL

The plant will be developed on a build-own-operate (BOO) model and will supply 10,000 tonnes of green hydrogen annually to IOCL for a period of 25 years. It will operate entirely on renewable energy, aligning with IOCL’s decarbonisation goals and India’s broader net-zero ambitions.Green hydrogen at the plant will be produced using high-pressure alkaline electrolysers manufactured at L&T Electrolysers Ltd’s facility in Hazira, Gujarat. This initiative further showcases L&T’s commitment to localised, self-reliant clean-tech solutions under the Aatmanirbhar Bharat mission.LTEG’s..

Next Story
Infrastructure Urban

Bansal Wire Q1 Profit Rises 24.6% to Rs 393 Mn

Bansal Wire Industries, India’s largest stainless steel wire manufacturer and second-largest steel wire maker by volume, reported a 24.6 per cent year-on-year rise in net profit to Rs 393 million for the quarter ended June 30, 2025 (Q1 FY26).During the quarter, revenue rose 14.9 per cent YoY to Rs 9,390 million, while EBITDA increased by 19.6 per cent YoY to Rs 745 million, reflecting the company's strong operational performance and focus on value-added segments.According to Pranav Bansal, MD & CEO of Bansal Wire Industries, the company has started FY26 on a strong note, building on the ..

Next Story
Infrastructure Urban

Lemon Tree Opens Keys Lite Hotel in Banswara, Rajasthan

Lemon Tree Hotels has launched its latest property, Keys Lite by Lemon Tree Hotels, Banswara, further expanding its footprint in Rajasthan. This marks the group’s 11th operational hotel in the state and continues its focus on providing quality stays in emerging travel destinations.The newly launched managed hotel features 54 well-appointed rooms, a multi-cuisine restaurant – Keys Café, a fitness centre, and spacious banquet and conference facilities, catering to both leisure and business travellers.Located in southern Rajasthan, Banswara is known as the “City of Hundred Islands” for t..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?