India Clears ₹1100 Billion Defence Electronics Procurement

The DAC has cleared ₹1100 billion in defence acquisitions, with 98% earmarked for Indian industry, boosting domestic demand for radars, electronic warfare, RFID and other strategic electronics. India is opening a major domestic market for defence-electronics manufacturers, with the Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, clearing capital acquisition proposals worth around […]