NEW DELHI, Aug. 25 (Xinhua) –The Indian government approved defense procurement including helicopters and artillery guns on Saturday, officials said.
The decision was taken by India’s Defense Minister Nirmala Sitharaman while chairing a meeting of defense acquisition council (DAC).
“The minister accorded approval for procurement for the services amounting to approximately INR 46,000 Crores (6.5 billion U.S. dollars),” a Defense Ministry spokesman said.
“The DAC in a landmark decision today, approved procurement of 111 Utility Helicopters for the Indian Navy at a cost of over INR 21,000 Crores (3 billion U.S. dollars).”
DAC is the highest decision-making body on procurement in the Indian Defense Ministry.
A statement issued by the ministry said the DAC also granted approval to a few other procurement proposals which included approval for acquisition of 150 indigenously designed and developed 155 mm advanced towed artillery gun systems for the Indian army, 24 multi-role helicopters to enhance capability of the Indian Navy at sea and 14 vertically launched short-range missile systems.