Navy to get 111 new helicopters at Rs 21,000 crore

26 August 2018, 12:09 AM
Centre approves procurement of 111 helicopters for Navy (File Photo)
Centre approves procurement of 111 helicopters for Navy (File Photo)

In a major development towards modernisation of India’s Armed Forces, the Defence Ministry on Saturday approved procurement of 111 Utility Helicopters for the Indian Navy at a cost of whopping Rs. 21,000 crore.

In a bid to enhance the Navy’s capability at sea, approval was granted for 24 Anti-Submarine capable Multi-Role Helicopters, which the ministry said, would plug the existing capability gape.  

Also Read | Rafale Deal: Congress begins series of events to expose alleged corruption

In the Defence Acquisition Council (DAC) meeting, chaired by Defence Minister Nirmala Sitharaman, approval was accorded to several projects worth approximately Rs. 46,000 crore, the ministry said in a press release.

Besides this, the ministry also okayed procurement of 150 Indigenously Designed and Developed 155 mm Advanced Towed Artillery Gun Systems for the Indian Army at the cost of nearly Rs 3,364.78 crore.

Read More | Kerala floods: Delhi Police donates Rs 1 crore for flood victims

The ministry said that these guns were indigenously designed and developed by Defence Research and Development Organisation (DRDO) but will be manufactured by production agencies, as nominated by the military' s research and development.

First Published: Saturday, August 25, 2018 04:43 PM
For all the latest India News Download the News Nation App available on Android and iOS.