Bihar Conclave 2025

procurement

Defence Minister Rajnath Singh says India’s defence procurement will exceed ₹2 lakh crore this fiscal, with 75% of spending reserved for domestic firms.

The Government has doubled the no-quotation purchase limit to ₹2 lakh, easing GFR norms for faster scientific procurement.

The IAF's choice to purchase more LCA Mark 1A aircraft is a result of its continuing modernization initiatives, which aim to improve its operational capabilities and preserve.....