The government is on the cusp of approving several major defense projects, with a total value of Rs 1.2 lakh crore. The Defence Acquisition Council (DAC) is scheduled to convene on Tuesday to review and potentially authorize these high-profile initiatives.
ADVERTISEMENTDefence sources indicated that the Defence Acquisition Council (DAC) is expected to approve issuing a tender worth approximately Rs 70,000 crore to Indian shipyards under the ‘Make in India‘ initiative, including private sector shipyards.
Indian Navy’s Project 17 Bravo
One of the key projects under consideration is the Indian Navy’s Project 17 Bravo, which involves the construction of seven advanced stealth frigates. This initiative, valued at approximately Rs 70,000 crore, aims to enhance the Navy’s capabilities with the most modern warships ever built in India.