India approves ₹2.12L Cr defence acquisition plan

India approves ₹2.12L Cr defence acquisition plan. The government has greenlit a major defence procurement plan worth ₹2.12 lakh crore to boost indigenous capabilities in areas like kamikaze drones, attack helicopters, and missile defence systems. This is expected to benefit key public-sector defence manufacturers. Orders could be distributed over the next 2–3 years, providing long-term revenue visibility.

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