Defence procurement from foreign sources reducing, shows govt data ...Middle East

Economy by : (Business Standard) -
The expenditure on defence procurement from foreign sources has reduced from 46 per cent of the overall expenditure in 2018-19 to 36.7 per cent as per data till December last, according to government data. Minister of State for Defence Ajay Bhatt, replying to a question in Rajya Sabha on Monday, listed 155mm Artillery Gun system 'Dhanush'', Light Combat Aircraft Tejas, surface-to air missile system 'Akash', main battle tank 'Arjun', T-90 tank, T-72 tank and Cheetah helicopter as indigenous key defence projects. "The expenditure on defence procurement from foreign sources has reduced from 46 per cent of overall expenditure in 2018-19 to 36.7 per cent as per data till December, 2022," he said

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