INDIA’S MILITARY CAPABILITY ENHANCEMENT AND DEFENCE PROCUREMENTS
The Indian Defence Acquisition Council, chaired by the Raksha Mantri, approved capital acquisitions worth nearly Rs One Lakh Crores, focusing on indigenisation and modernisation of the Armed Forces. This includes sophisticated platforms and emphasizes support for indigenous defence startups and MSMEs through simplified acquisition procedures. The initiative reflects a strategic shift towards making India a defence exporter and reducing its reliance on imports, demonstrated by significant deals like the BrahMos missile export. The adjustments in procurement policies, including emergency powers and the Fast-Track Procedure, aim to address immediate needs while fostering long-term self-reliance and capability enhancement in the defence sector.
