Defence Ministry to discuss acquisition proposals worth over Rs 5,000 crore

The Defence Acquisition Council (DAC), headed by Defence Minister Nirmala Sitharaman, is expected to discuss acquisition proposals worth over Rs 5,000 crore at a high level meeting likely to be held in the next few days.

One of the proposals likely to be made pertains to the acquisition of three naval cadet training ships for training young cadets of the maritime force, defence sources told ANI.

The ships would be required to be built under Make in India in the defence category and Indian shipyards would be allowed to participate in the tender.

The tender is being reissued by the Navy as a private shipyard had earlier failed to deliver the vessels under a contract signed around five years ago. Due to the delays, the Navy is being forced to restart the acquisition process again.

Cadet Training Ships are used by the Navy to train its young officers and sailors along with those of the Indian Coast Guard. Read More

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