Site icon YCNews

The Indian Ministry of Defense decided to purchase about $3.8 billion in weapons and equipment.

Indian cabinet approves privatization policy of state-owned enterprises

Narendra Modi , Prime Minister of India (Asia International News Agency)

New Delhi, December 17 On the 17th, the Ministry of Defense of India decided to purchase weapons and equipment worth Rs 280 billion (about 3.8 billion US dollars) for the country’s army, navy and air forces.

Indian Defense Minister Rajnath Singh presided over the meeting of the Defense Procurement Committee on the same day and made this decision. The Indian Ministry of Defence said in a statement that of this amount, 270 billion rupees (about $3.67 billion) will be used to purchase weapons and equipment produced by the domestic industrial sector, aiming to promote the government’s “Made in India” and “self-reliance” initiatives.

It is reported that the weapons include six air early warning and control systems of the Air Force, 11 new generation patrol boats and 38 extended-range Bramos supersonic cruise missiles of the Navy, and 40 new modular bridge systems of the Army.

Exit mobile version