India defence body approves proposals worth $17 billion to buy military assets-March 2024-www.financetom.com

India defence body approves proposals worth $17 billion to buy military assets

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India defence body approves proposals worth $17 billion to buy military assets

Sep 3, 2024 4:58 AM

NEW DELHI (Reuters) - India's defence acquisition council approved on Tuesday 10 proposals worth 1.45 trillion rupees ($17.3 billion) to buy military assets including combat vehicles, aircraft and patrol vessels.

The government said in a statement that 99% of the acquisitions will be from domestic sources.

($1 = 83.9370 Indian rupees)

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