The government is poised to approve several major defense projects worth a total of Rs 1.2 lakh crore. The Defence Acquisition Council (DAC) is set to meet on Tuesday to review and potentially authorize these significant initiatives.
According to defense sources, the Defence Acquisition Council (DAC) is expected to approve the issuance of a tender worth approximately Rs 70,000 crore to Indian shipyards, including private sector shipyards, under the ‘Make in India’ initiative.
Indian Navy’s Project 17 Bravo
One of the key projects under consideration is the Indian Navy’s Project 17 Bravo, which focuses on the construction of seven advanced stealth frigates. Valued at approximately Rs 70,000 crore, this initiative aims to significantly enhance the Navy’s capabilities by introducing the most modern warships ever built in India.
Mazagon Dockyards Limited (MDL) and Garden Reach Shipbuilders and Engineers (GRSE) are the leading contenders for the Indian Navy’s Project 17 Bravo. MDL is currently constructing four frigates under Project 17A, while GRSE is building three. According to a source quoted in an India Today report, “There is a possibility that the mega project could be split between the two shipyards, with the lowest bidder receiving four ships, while the other could be awarded three.”