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DAC Clears Rs 80,000-Crore Defence Acquisition Proposal In Big Boost For BEL, Zen Tech, HAL And More

The approvals were granted at a high-level meeting on Monday, chaired by Defence Minister Rajnath Singh.

DAC Clears Rs 80,000-Crore Defence Acquisition Proposal In Big Boost For BEL, Zen Tech, HAL And More
  • Defence Acquisition Council approved Rs 80,000 crore procurement proposal for defence
  • The approval was granted at a meeting chaired by Defence Minister Rajnath Singh
  • Procurement includes emergency purchase of weapons, systems, and military equipment
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In a massive development for Indian defence, the Defence Acquisition Council (DAC) has approved Rs 80,000 crore procurement proposal — a move that could benefit companies like Bharat Electronics, Hindustan Aeronautics and Zen Tech, among others.

The approvals were granted at a high-level meeting on Monday, chaired by Defence Minister Rajnath Singh.

Some of the key deals approved include emergency procurement of key weapons, system and military equipment aimed at strengthening the armed forces' operational preparedness.

(This is a developing story)

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