India clears defence procurement worth $6.5 billion
India clears defence purchase worth $6.5 billion (Rs 54,000 crore): New Delhi, March 20, 2025 – In a significant move aimed at enhancing the nation’s defense capabilities, India’s Defence Acquisition Council (DAC), chaired by Raksha Mantri Shri Rajnath Singh, has granted Acceptance of Necessity (AoNs) to eight capital acquisition proposals totaling over Rs 54,000 crore (approximately $6.5 billion USD). The approvals, announced on March 20, 2025, signal a major push towards modernizing the Indian armed forces and streamlining the procurement process.