Defence Acquisition Council approves capital acquisition proposals of three armed forces1 min read . Updated: 23 Feb 2021, 09:47 PM IST
- The 118 Arjun tanks would also form two regiments in the Armoured Corps of the Indian Army like the first 124 tanks
In a major boost for the indigenisation in the defence sector, the Defence Ministry on Tuesday cleared the acquisition of 118 Arjun Mark1A tanks for the Indian Army at a cost of more than ₹6,000 crores, said Defence officials.
The 58-tonne weight DRDO-developed tanks would be ready for delivery within 30 months of signing the contract.
The tank has been fully designed and developed by the Defence Research and Development Organisation (DRDO) in close coordination with the Indian Army.
118 tanks would be joining the fleet of the first batch of 124 Arjun tanks which have already been inducted into the Army and are deployed in the western desert along the Pakistan front.
The 118 Arjun tanks would also form two regiments in the Armoured Corps of the Indian Army like the first 124 tanks.
Meanwhile, the Defence Ministry also cleared proposals related to the acquisition of indigenously-developed Nag anti-tank guided missile and Arudhra medium power radar today.
The NAG missile is a third-generation anti-tank guided missile, which has top attack capabilities that can effectively engage and destroy all known enemy tanks during day and night.
The final trial of the Nag anti-tank guided missile was successfully carried out in October last year following which the weapon system has become ready to be inducted into the Indian Army.
The Defence Acquisition Council (DAC) on Tuesday approved capital acquisition proposals of various weapons, platforms, equipment required by the three armed forces and accorded three Acceptance of Necessities (AoNs) for an overall cost of ₹13,700 crore.
All these AoNs are in the highest priority category of defence acquisition --- 'Buy [Indian-IDDM (Indigenously Designed, Developed and Manufactured)].
"The Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Rajnath Singh, has approved capital acquisition proposals of various weapons/ platforms/ equipment/ systems required by the Indian Army, Indian Navy and Indian Air Force, in New Delhi on February 23, 2021," the Defence Ministry said.
All these acquisition proposals will be indigenously designed, developed and manufactured.
These will include inter-alia platforms and systems designed and developed by Defence Research and Development Organisation (DRDO).
The DAC also approved that all capital acquisition contracts (delegated and non-delegated) other than D&D cases shall be concluded in two years.
The ministry, in consultation with the services and all stakeholders, will come up with a detailed plan of action for achieving the same, it added.