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DAC Greenlights ₹1.45 Lakh Crore in Defence Capital Acquisitions

The Defence Acquisition Council (DAC), under the chairmanship of Raksha Mantri Shri Rajnath Singh on September 03, 2024, accorded Acceptance of Necessity (AoN) for 10 capital acquisition proposals amounting to Rs 1,44,716 crore. Of the total cost of AoNs, 99% is from indigenous sources under Buy (Indian) and Buy (lndian-Indigenously Designed Developed and Manufactured) categories. For modernisation …

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