DAC Approves ₹2.12 Lakh Crore Defence Procurement

• The Defence Acquisition Council approved a ₹2.12 lakh crore procurement deal on October 26.
• The deal aims to enhance the capabilities of the Indian Army, Navy, and Air Force.
• Approximately 82% of the procurements will be sourced from domestic producers.
• The procurements cover a wide range of military platforms, weapons, and surveillance systems.
• The initiative is expected to foster local manufacturing and boost the domestic industry.