Defence ministry may clear proposals worth over Rs 1 lakh crore today

🇮🇳 The Times of India (IN) —
Defence ministry may clear proposals worth over Rs 1 lakh crore today

AI Summary

India's Defence Ministry is poised to approve acquisitions over Rs 1 lakh crore, including 300 K-9 Vajra howitzers and 600 HAMMER missiles. The procurement also includes air defence upgrades with Russian Verba systems, marking a significant push to modernize military capabilities.

Defence Ministry gears up to approve over Rs 1 lakh crore in acquisitions, including 300 K-9 Vajra howitzers and 600 HAMMER missiles for fighter jets. The Army will also bolster its air defence with Russian Verba systems. This significant procurement push aims to modernize India's military capabilities, with key defence chiefs attending the crucial Defence Acquisition Council meeting for the first time.

Security Conflict Politics Markets Deals India Defence Ministry military procurement K-9 Vajra howitzers HAMMER missiles Russian Verba systems army modernization Defence Acquisition Council

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