New Delhi, June 1 -- Defence Secretary Rajesh Kumar Singh said that the Ministry of Defence (MoD) has significantly reduced timelines for key military equipment procurement processes as part of major reforms to improve efficiency and promote India's goal of 'Aatmanirbharta' in the defence sector, according to an official release.

Speaking at a defence conclave in the national capital on Friday, Singh stated that the decision will save an overall 69 weeks, noting that the Defence Acquisition Procedure (DAP) 2020 is being revisited to reflect current realities, shifting from the traditional nomination-based cost-plus procurement to a competitive pricing model where both public and private sectors can vie for orders.

This approach is alrea...