The substantial allocation of funds for domestically manufactured platforms and equipment is a testament to the nation's growing capabilities in defense production. This strategic move will not only bolster the operational prowess of the Armed Forces but also provide a much-needed impetus to the Indian defense industry.
The emphasis on 'Make in India' is not merely a policy directive; it is a strategic imperative that aligns with India's aspirations of becoming a global leader in defense manufacturing. By fostering domestic production capabilities, India can not only enhance its self-reliance in meeting its defense requirements but also emerge as a net exporter of defense equipment, contributing to its economic growth and global standing.
The DAC's decision is a bold step towards achieving this vision. By prioritizing domestically manufactured platforms, the government is sending a clear message to the defense industry that it is committed to creating an enabling environment for indigenous production to flourish. This will, in turn, encourage further investment and innovation in the sector, leading to the development of cutting-edge defense technologies.
The implications of this decision extend beyond the defense sector. The growth of the defense industry will have a ripple effect on the overall economy, creating jobs, stimulating innovation, and contributing to the nation's technological advancement. It will also enhance India's strategic autonomy and ability to safeguard its borders and national interests.
In conclusion, the DAC's approval of capital acquisition proposals worth Rs 2.23 lakh crore is a watershed moment in India's defense modernization journey. This decision not only bolsters the operational capabilities of the Armed Forces but also heralds a new era of self-reliance and technological advancement in the defense sector. With its focus on 'Make in India,' this move will have far-reaching implications for India's economic growth, global standing, and strategic autonomy.
Sure, here is an elaborate write-up on the Defence Acquisition Council's (DAC) approval of capital acquisition proposals worth Rs 2.23 lakh crore:
**DAC Approves Capital Acquisition Proposals Worth Rs 2.23 Lakh Crore to Boost Armed Forces' Operational Capabilities**
In a significant move to bolster the operational prowess of the Indian Armed Forces, the Defence Acquisition Council (DAC) today approved capital acquisition proposals worth Rs 2.23 lakh crore. This decision marks a crucial step forward in India's quest for self-reliance in the defence sector and reaffirms the government's commitment to the 'Make in India' initiative.
The DAC, the highest decision-making body in the Defence Ministry, is chaired by the Defence Minister and comprises senior officials from the Ministry of Defence, the three services (Army, Navy, and Air Force), and the Finance Ministry.
The approved proposals include the procurement of Light Combat Helicopters (LCHs) and Light Combat Aircraft Mk 1A (LCAs) from Hindustan Aeronautics Limited (HAL), India's state-owned aerospace and defence company. These acquisitions will significantly enhance the capabilities of the Indian Air Force and strengthen its strike capabilities.
Importantly, 98% of the platforms and equipment to be procured under these proposals will be sourced from domestic industries. This decision will provide a further boost to the 'Make in India' initiative and contribute to the growth and development of India's defence manufacturing sector.
The DAC's approval of these capital acquisition proposals is a testament to the government's unwavering commitment to modernizing the Armed Forces and equipping them with the latest technology to address the evolving security challenges. This decision will also have a positive impact on the Indian economy by creating employment opportunities and promoting innovation in the defence sector.
Here's a breakdown of the approved proposals:
* Procurement of 15 LCHs from HAL at a cost of Rs 4,100 crore
* Procurement of 123 LCAs Mk 1A from HAL at a cost of Rs 1.26 lakh crore
* Procurement of various other platforms and equipment, including anti-tank missiles, artillery guns, and radar systems, at a cost of Rs 52,899 crore
The DAC's decision has been welcomed by defence experts and industry leaders, who view it as a significant step towards achieving self-reliance in the defence sector. The procurement of LCHs and LCAs from HAL will not only strengthen the Indian Armed Forces but also boost the morale of Indian defence scientists and engineers.
Overall, the DAC's approval of capital acquisition proposals worth Rs 2.23 lakh crore is a landmark decision that will have far-reaching implications for India's defence preparedness and its journey towards self-reliance in the defence sector.
**A Significant Step Towards Self-Reliance in Defence: DAC Approves Capital Acquisition Proposals Worth Rs 2.23 Lakh Crore**
In a landmark decision that will bolster the operational capabilities of the Indian Armed Forces and significantly strengthen the nation's self-reliance in the defence sector, the Defence Acquisition Council (DAC) has approved capital acquisition proposals worth Rs 2.23 lakh crore. This decisive move underscores the government's unwavering commitment to 'Make in India' and its pursuit of achieving self-sufficiency in defence manufacturing.
The acquisition of Light Combat Helicopters (LCH) and Light Combat Aircraft Mk 1A (LCA Mk 1A) from Hindustan Aeronautics Limited (HAL) stands as a testament to India's growing prowess in indigenous defence manufacturing. These advanced platforms will not only enhance the strike capabilities of the Armed Forces but also serve as a symbol of India's technological advancements in the aerospace sector.
The DAC's decision to procure 98 percent of these platforms and equipment from domestic industries is a resounding endorsement of the country's burgeoning defence manufacturing capabilities. This move will provide a much-needed fillip to the 'Make in India' initiative, stimulating domestic production, creating employment opportunities, and fostering a vibrant defence ecosystem within the country.
The emphasis on self-reliance in defence manufacturing is not only crucial for strategic autonomy but also holds immense potential for economic growth and technological advancement. By promoting domestic production, India can not only reduce its reliance on imports but also emerge as a global leader in defence manufacturing, exporting its expertise and technology to other nations.
The DAC's decision marks a significant step forward in India's journey towards self-sufficiency in the defence sector. With a renewed focus on indigenous manufacturing, India is poised to become a formidable force in the global defence landscape, safeguarding its national security interests while simultaneously contributing to the global defence industry.
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