Promoting PM Modi’s Make in India, Jaitley chooses Indian vendor for Rs 18000 crore army missile contract

In line with Prime Minister Narendra Modi’s direction to promote Make in India in the defence sector and avoid imports, the defence ministry has decided to award an army missile contract worth around Rs 18,000 crore to the DRDO over a foreign vendor.

The decision was taken by defence minister Arun Jaitley in the crucial meeting of the Defence Acquisition Council held last week, top government sources told Mail Today.

The case for acquiring Short Range Surface to Air Missiles (SRSAMs) was taken up for discussion during the DAC meeting where the government had to decide whether to go for a foreign missile system or the Akash surface to air missile systems. Jaitley went on for the indigenous option, sources said.Read more

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