MoD issues RFP for 4 shipbuilding worth Rs 15000 crore for navy and coast guard

New Delhi: In a significant development in the indigenous shipbuilding, Ministry of Defence has issued four shipbuilding Requests for Proposal (RFP) amounting to Rs 15,000 crore for the acquisition of various ships and craft for the Navy and the Co...

DAC approves defence equipment procurement worth Rs 5500 Cr

The Defence Acquisition Council (DAC), headed by Defence Minister Nirmala Sitharaman, on Thursday accorded approval for the procurement of equipment for the defence forces valued at over Rs 5500 crore. Pursuing the goal of indigenisation and...