Defence stocks surged following a recent approval from the Defence Acquisition Council (DAC) regarding procurement.

1 report, 1 independent Updated Jul 6

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Indian Army

Keep exploring

Part of

DAC meetings are underway to consider major procurement proposals, involving the Indian Army and defense manufacturers like Bharat Electronics, under the Make in India initiative.

Also in this story

The Indian Army utilizes air-defence systems for operations, relying on the indigenous defense industry including companies like Bharat Electronics.Aug 18

All 3 developments

Within Indian Army procurement drives local defense manufacturing ecosystem.

The entities involved

Indian Army
Land service branch of Indian Military
- The Indian Army is closely monitoring drone investments and emerging threats, requiring continuous large-scale replenishment of drone technology.Mon 16:26
- The Indian Army is procuring specialized logistics UAVs and has floated tenders for large-scale logistics drone procurement.Mon 16:26

Coverage

Newest first; wire copies grouped

Jul 6indiablooms.com