The Defence Acquisition Council (DAC), chaired by defence minister Rajnath Singh, has approved 10 capital acquisition proposals worth Rs 1.45 lakh crore to enhance defence preparedness.
Of the total cost, 99 per cent is from indigenous sources under Buy (Indian) and Buy (lndian-Indigenously Designed Developed and Manufactured) categories, said an official statement.
It added, "For modernisation of the tank fleet of the Indian Army, the proposal for procurement of Future Ready Combat Vehicles (FRCVs) has been cleared."
The FRCV will be a futuristic main battle tank with superior mobility, all terrain ability, multilayered protections, precision and lethal fires over and real-time situational awareness.
Approval was also accorded for procurement of Air Defence Fire Control Radars, which will detect and track aerial target and provide firing solution.
The proposal has also been approved for Forward Repair Team (Tracked) which has suitable cross country mobility for carrying out in-situ repair during mechanised operations. This equipment is designed and developed by Armoured Vehicles Nigam Limited, and is authorised for both mechanised Infantry Battalion and Armoured Regiment.
Three proposals were also approved to enhance the capabilities of the Indian Coast Guard (ICG).
The procurement of Dornier-228 aircraft, Next Generation Fast Patrol Vessels having high operational features in rough weather conditions and Next Generation Offshore Patrol Vessels with advanced technology and enhanced long-range operations, will enhance the capability of ICG to carry out surveillance, patrolling of maritime zone, search and rescue and disaster relief operations, the official statement read.
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