The Economic Times News

In FY 2025-26, till Dec, Defence Ministry signed capital contracts amounting to Rs 1.82 lakh crore: Govt

The defence ministry said it has signed capital contracts worth Rs 1.82 lakh crore for modernising the armed forces in 2025-26 up to December, while the Defence Acquisition Council has approved acquisition proposals worth over Rs 3.84 lakh crore since January 2025. The focus has been on modernisation through indigenisation, with higher private sector participation to strengthen domestic supply chains.