India Clears Defence Procurement Worth Over $7 Billion
India’s Defence Acquisition Council Clears Proposals Worth Over $7 Billion: NEW DELHI – India’s Defence Acquisition Council (DAC), under the chairmanship of Defence Minister Shri Rajnath Singh, has approved several new proposals with a total cost of approximately ₹67,000 crore (around $7.37 billion). The approvals, which were granted on August 5, 2025, are designed to enhance the operational capabilities and readiness of the country’s armed forces.