India clears $22bn defence acquisition plans with 82% local sourcing
Source: Army Technology
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Report Content
Classification
Region
South Asia
Analytical Domain
Strategic
Primary Category / Secondary Categories
Political-Military / Logistics
SALUTE Report
Size
Not specified
Activity
Approval of defense acquisition plans
Location
India
Unit
Indian Armed Forces
Time
Recent
Equipment
defense equipmentmilitary platforms
Summary
India's Defence Acquisition Council approved defense procurement proposals totaling approximately Rs2.12 trillion ($22.29 billion) for military equipment and platforms. This acquisition plan includes provisions for the Army, Navy, and Air Force, with a significant emphasis on local sourcing, accounting for 82% of the total procurement.
Key Facts
- India's Defence Acquisition Council approved defense procurement worth Rs2.12tn ($22.29bn).
- The acquisition covers equipment and platforms for the Army, Navy, and Air Force.
- The plan emphasizes 82% local sourcing.