Defence Finance Monitor

Defence Finance Monitor

India Approves $7.6 Billion Defence Procurement to Boost Multi-Domain Capabilities

Aug 15, 2025
∙ Paid
India to re-equip air force with over 100 new fighters

India’s Defence Acquisition Council (DAC) has approved one of the largest procurement packages in recent years, amounting to approximately Rs 67,000 crore (about €7.6 billion), aimed at substantially enhancing the operational readiness of all three armed services. The decision, taken under the chairmanship of Defence Minister Rajnath Singh on 5 August 2…

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