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EquityWireGovt approves 10 proposals worth INR 1.05 tln to acquire defence equipment

Govt approves 10 proposals worth INR 1.05 tln to acquire defence equipment

This story was originally published at 17:48 IST on 3 July 2025
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Informist, Thursday, Jul. 3, 2025

 

--Govt OKs capital acquisition of defence equipments worth INR 1.05 tln

 

NEW DELHI – The government has approved 10 capital proposals worth INR 1.05 trillion to acquire warfare equipment, the defence ministry said in a release Thursday. The ministry would procure armoured recovery vehicles, electronic warfare system, integrated common inventory management system for tri-services, and surface-to-air missiles. 

 

"These procurements will provide higher mobility, effective air defence, better supply chain management and augment the operational preparedness of the armed forces," the release said. The ministry also approved procurement of moored mines, mine counter measure vessels, super rapid gun mount, and submersible sutonomous vessels. 

 

The defence ministry's procurement exercise has gained momentum in the aftermath of terrorist attack in Jammu and Kashmir's Pahalgam that had claimed 26 lives, and the subsequent launch of India's Operation Sindoor. In June, the minitsry had finalised contracts to procure equipment worth nearly INR 20 billion to strengthen the Indian Army's readiness in counter-terror operations.  End

 

Reported by Krity Ambey

Edited by Akul Nishant Akhoury

 

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