India approves in principle $22 billion in military purchases

Business Recorder · 26/10/2026، 11:23:28 AM

NEW DELHI: India’s Defence Acquisition Council on Monday approved in principle arms and equipment purchases worth 2.12 trillion rupees ($22.27 billion), the defence ministry said in a statement. Approval was given to acquire equipment including very short-range air defence systems, counter-drone systems, surveillance and strike systems, and long-range kamikaze drones, the ministry said. Indian defence panel clears purchase proposals worth $11.6 billion