New Delhi: The Defence Ministry approved procurement of 111 utility helicopters for the Indian Navy. The procurement would cost around Rs 21,000 crore, officials said on Saturday.
According to the officials, procurement worth Rs 46,000 crore including the acquisition of the helicopters was cleared by the ministry.
The decisions were taken at a meeting of the Defence Acquisition Council (DAC). The utility helicopters will be used for both attack missions and rescue missions.
“The DAC also approved few other proposals including acquisition of 150 indigenously designed and developed 155 mm advanced towed artillery gun systems for the army that approximately costs Rs 3,364 crore,” added a senior official.
The DAC also approved procurement of 24 naval multi-role helicopters that are capable to engage in anti-submarine warfare. IN addition to this the government also approved to procure 14 vertically launched short-range missile systems as these systems will boost the self-defense capability of the ships.
The policy focuses on building a long-term partnership with Indian defense sectors. The strategic partners will be selected on the basis of four segments — fighter aircraft, helicopters, submarines and armoured fighting vehicles and tanks initially and might expand to other sectors later.