DAC clears Rs 2.12 lakh crore defence procurement proposals, 82% to be sourced from Indian industry

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The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, on Monday (October 26) accorded Acceptance of Necessity (AoN) for various capital acquisition proposals for the armed forces at an estimated cost of about Rs 2,12,000 crore, with approximately 82 per cent of the total…