The Defence Acquisitions Council, DAC chaired by Defence Minister Nirmala Sitharaman approved indigenous construction of six submarines worth 40 thousand crore rupees.<br />''<br />''It is the second project under the Ministry's ambitious strategic partnership model aiming to boost the government's Make in India' program.<br />''<br />''The first project to get the government's nod for implementation under the new model was the acquisition of 111 utility helicopters for the Navy at a cost of over 21 thousand crore rupees in August last year.<br />''<br />''The construction of six advanced submarines under project 75(India) will provide a major boost to submarine design and manufacturing ecosystem in India through the transfer of design, equipment technology and skill sets.<br />''<br />''Defence Acquisitions Council has also approved the acquisition of about five thousand MILAN Anti Tank Guided Missiles for the Army.<br />''The French-origin anti-tank guided missiles are meant for the Indian infantry to destroy Main battle tanks which are fitted with Explosive Reactive Armour.<br />
News On AIR | February 1, 2019 8:17 AM
DAC approves indigenous construction of 6 submarines worth Rs 40000 cr