Indian Defence Ministry plans to approve Rs 1 lakh crore projects, including frigates for Navy and FRCVs for Army under 'Make in India'.

The Indian Defence Ministry, led by Defence Minister Rajnath Singh, plans to approve significant projects exceeding Rs 1 lakh crore. Key initiatives include constructing seven advanced frigates for the Navy under Project 17 Bravo and replacing T-72 tanks with 1,700 Future Ready Combat Vehicles (FRCVs) for the Army. A tender for these projects will be issued under the 'Make in India' initiative, with the FRCV project estimated to cost over Rs 50,000 crore.

September 02, 2024
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