India clears defence purchase plan worth $10bn

India clears defence purchase plan worth $10bn
Updated on

Summary India clears defence purchase plan worth $10bn

 NEW DELHI (Reuters) - India has approved proposals to acquire defence equipment, including infantry combat vehicles, light tanks and missile systems, worth 843.28 billion rupees ($10.18 billion), the defence minister said on Thursday.

Of the total approvals, more than 97% have been earmarked to be procured from Indian manufacturers, Defence Minister Rajnath Singh wrote on Twitter.

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