:The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, on Monday accorded approval for Capital Procurement for the Defence forces amounting over Rs 3300 crores of indigenously designed and developed equipment.
The DAC maintained its impetus on the ‘Make in India’ initiative while approving three projects, which will be indigenously designed, developed and manufactured by the Indian companies.
The projects approved by DAC include third-generation Anti-Tank Guided Missiles (ATGM) and the Auxiliary Power Units (APUs) for the T-72 and T-90 Tanks.