AnalysisLimeLightNews

Defence Ministry To Buy 111 Utility Helicopters at a Cost of Rs 21000 Cr

Sharing is caring!

In a major decision, the Defence Ministry approved procurement of 111 utility helicopters for the Navy at a cost of over Rs 21,000 crore, officials said. They said the ministry cleared procurement proposals worth nearly Rs 46,000 crore which included the acquisition of the helicopters.

The decisions were taken at a meeting of the Defence Acquisition Council (DAC), the ministry’s highest decision-making body on procurement. “The DAC approved procurement of 111 utility helicopters for the Indian Navy at a cost of over Rs 21,000 crores,” said a senior official.

The official said the DAC also granted approval to a few other procurement proposals amounting to approximately Rs 24,879 crore which included approval for the acquisition of 150 indigenously designed and developed 155 mm advanced towed artillery gun systems for the Army at an approximate cost of Rs 3,364 crores.

SMEStreet Desk

SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: