The ministry referred to the "current situation and the need to strengthen the armed forces for the defence of our borders" while talking about the decisions of the Defence Acquisition Council.
Amid India's tense border standoff with China, the Defence Ministry today approved procurement of 33 fighter jets, a number of missile systems and other military hardware at a cost of Rs 38,900 crore to bolster the combat capability of the armed forces.
They said 21 MiG-29 fighter jets will be procured from Russia while 12 Su-30 MKI aircraft will be bought from State-run aerospace behemoth Hindustan Aeronautics Ltd (HAL). A separate proposal to upgrade existing 59 MiG-29 aircraft has also been approved.
The decisions were taken at a meeting of the Defence Acquisition Council (DAC) chaired by Defence Minister Rajnath Singh. The DAC is the highest decision-making body of the Defence Ministry on procurement.
The Defence Acquisition Council also approved acquisition of Pinaka missile systems as well as procurement of long range land attack missile systems having a firing range of over 1,000 km.
Among all the deals worth more than 38,000 crores, more than 31,000 crores of Weapons will be purchased from Indian Companies.
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