Rs 54,000 crore defence boost: DAC fast-tracks tanks, torpedoes & AEW&C, slashes red tape

India is set to enhance its defence capabilities with capital acquisitions worth over Rs 54,000 crore, approved by the Defence Acquisition Council (DAC) under Defence Minister Rajnath Singh. The procurement includes advanced engines for T-90 tanks, Varunastra torpedoes, and Airborne Early Warning & Control (AEW&C) aircraft systems. The Ministry of Defence is also cutting acquisition timelines from 96 weeks to just 24 weeks, aiming for faster and more efficient decision-making to prevent procurement...