New Delhi: The defence ministry on Wednesday approved the procurement of military platforms and hardware worth Rs 13,165 crore that includes 25 indigenously-developed ALH Mark-III helicopters.
The cost of acquiring the helicopters has been estimated at Rs 3,850 crore, while a batch of rocket ammunition will be procured for Rs 4,962 crore, the defence ministry said.
The procurement proposals were approved at a meeting of the Defence Acquisition Council (DAC) that was chaired by Defence Minister Rajnath Singh.
Out of the total procurements, equipment and platforms worth Rs 11,486 crore will be sourced from domestic entities.
"The DAC accorded Acceptance of Necessity (AoN) for capital acquisitions proposals for modernisation and operational needs of the Indian Armed Forces amounting to approximately Rs 13,165 crore.
"Of the total amount approved, procurement worth Rs 11,486 crore (87 percent) is from the domestic sources," the ministry said in a statement.