NEW DELHI, July 4 -- The defence acquisition council (DAC) on Thursday gave its initial approval for buying military hardware worth Rs.1.05 lakh crore to sharpen the capabilities of the Indian armed forces, with the equipment ranging from minesweepers, quick-reaction surface-to-air missiles and electronic warfare systems to armoured recovery vehicles, the defence ministry said.
The acquisition of mine countermeasure vessels (MCMVs) or minesweepers for the Indian Navy at an estimated cost of around Rs.44,000 crore is the most significant proposal cleared by the DAC , India's apex military procurement body. P7
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