India allocates ₹84,560 Cr for Aerial Refuelling Planes and Heavy Torpedoes in Defense initiative

In a significant push to enhance India's defense capabilities, the Defence Acquisition Council (DAC) has given the green light to acquisitions worth ₹ 84,560 crore. These proposals encompass a wide array of defense equipment, including anti-tank mines, heavy-weight torpedoes, multi-mission maritime aircraft, and air defense tactical control radars.

The final approval is awaited from the Cabinet Committee, and once granted, it is expected to substantially strengthen the Indian Armed Forces and the Indian Coast Guard.

The Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh, accorded approval for Acceptance of Necessity (AoNs) for various capital acquisition proposals amounting to Rs 84,560 crores. In the true spirit of ‘Aatmanirbharta’, the approvals… pic.twitter.com/1NiSF7xO6S

— ANI (@ANI) February 16, 2024

The emphasis in most of the cleared proposals lies on procuring equipment from Indian vendors, aligning with the government's 'Aatmanirbhar Bharat' (self-reliant India) initiative. This strategic move not only boosts indigenous defense manufacturing but also promotes self-sufficiency in defense procurement.

The approved proposals feature cutting-edge defense technologies, such as a new generation of anti-tank mines equipped with seismic sensors and remote deactivation features. Additionally, the council has greenlit the procurement of a Canister Launched Anti-Armour Loiter Munition System to enhance the capabilities of the Mechanised Forces, enabling engagement of targets beyond visual line of sight in tactical battle scenarios.

India's Air Defence Systems will witness enhancement with the introduction of new tactical control radars capable of detecting slow, small, and low-flying targets. Moreover, the procurement of Medium Range Maritime Reconnaissance and Multi-Mission Maritime Aircraft will bolster the surveillance and interdiction capabilities of the Indian Navy and the Indian Coast Guard.

To strengthen underwater capabilities, Active Towed Array Sonar and heavy-weight torpedoes will be acquired to detect and neutralize targets beneath the sea surface. These acquisitions will notably augment the detection and attacking capabilities of naval assets, particularly the Kalvari Class submarines.

Furthermore, the DAC has approved the procurement of Flight Refueller Aircraft to enhance the operational capabilities and reach of the Indian Air Force. Additionally, the Indian Coast Guard is set to receive new software-defined radios to bolster its communication systems.

Recognizing the pivotal role of start-ups and MSMEs in fostering innovation, the council has introduced amendments to the Defence Acquisition Procedure (DAP) 2020. These amendments focus on benchmarking, cost computation, payment schedules, and procurement quantity, aiming to create a conducive environment for the defense start-up ecosystem.

This move aligns with the government's initiatives such as Innovations for Defence Excellence (iDEX) and Technology Development Fund (TDF), underscoring its commitment to promoting 'Ease of Doing Business' in the defense sector.