India is set to spend up to $4.5 billion on military equipment purchases.
According to IANS news agency, India's Defence Acquisition Council (DAC) on July 14 approved proposals for the procurement and upgrading of defense equipment worth more than 290 billion rupees (equivalent to 4.5 billion USD).
 The Indian Army's Agni nuclear-armed missile system. (Source: team-bhp.com) |
Among the proposals recently approved by the DAC are a request to purchase four additional Boeing P9I maritime patrol aircraft; and a request to replace the L70 and ZU 23 anti-aircraft guns that have been in service since the 1960s.
Sources indicate that the country needs 428 new artillery pieces under the "Buy and Make in India" program to replace the aforementioned older artillery.
Other proposals, including upgrading the weapon systems and sensor systems of six Delhi- and Talwar-class warships, as well as establishing a Brahmos missile training facility in Gujarat state, were also approved.
(According to VN+)
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