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Published On: Tue, Feb 13th, 2018

Govt. approves arms acquisition proposals worth ₹15,935 cr

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South-Block-Defence..MinistryNEW DELHI : The Defence Acquisition Council, chaired by Defence Minister Nirmala Sitharaman on Tuesday gave approval for a series of proposals to shore up the Army’s infantry fire power among other deals worth about ₹15,935 crore.
The most significant project amongst all the proposals that was cleared was the procurement of Light Machine Guns for the three services at a cost of 1,819 crore.
According to the ministry “The DAC accorded approval for procurement of 7.4 lakh assault rifles for the three services. These rifles will be ‘Made in India’ under the categorisation of ‘Buy and Make [Indian]’, through both Ordnance Factory Board [OFB] and private industry at an estimated cost of ₹12,280 crore” .

Last month the DAC had cleared a separate proposal for 72,400 assault rifles and 93,895 close quarter battle (CQB) carbines for ₹3,547 crore on fast track basis under the ‘Buy and Make (Indian)’ categorisation.
“This procurement will meet the operational requirement of the troops deployed on the borders. A concurrent proposal is being processed for the balance quantity to be procured under the ‘Buy and Make (Indian)’ categorisation,” said a Defence Ministry statement.
The DAC also accorded approval for procurement of 7.4 lakh assault rifles for the three Services. These rifles will be ‘Made in India’ under the categorisation of ‘Buy and Make (Indian)’, through both Ordnance Factory Board and private industry at an estimated cost of 12,280 crore.
The DAC has fast tracked procurement of the three main personal weapons – rifles, carbines and light machine guns – in last one month to equip the soldiers on the border with modern and more effective equipment, Defence Ministry said.

The DAC also approved procurement of 5,719 sniper rifles for the Army and Air Force at an estimated cost of 982 crore.“While these high precision weapons will be bought with ‘Buy Global’ categorisation, the ammunition for these will be initially procured and subsequently manufactured in India,” said the statement.

To enhance the anti-submarine warfare capabilities of Indian naval ships, the DAC accorded approval for the procurement of Advanced Torpedo Decoy Systems (ATDS) for the Indian Navy.

The ‘Mareech’ system, developed indigenously by Defence Research and Development Organisation (DRDO), has successfully completed extensive trial evaluations.The systems will be produced by Bharat Electronics Ltd, Bengaluru at an estimated cost of 850 crore.(With Agency Inputs ).

 

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