₹79,000 Cr Defence Boost: DAC Approvals Signal Sustained Capex, Lift Domestic Firms

• Defence Acquisition Council (DAC) approved ₹79,000 crore proposals, signaling a multi-year defence capital expenditure cycle.
• Approvals cover precision strike, air defence, ISR, and MRO, boosting indigenisation and armed forces modernization.
• Key beneficiaries include Solar Industries, Apollo Micro Systems, Bharat Electronics Ltd, Armoured Vehicles Nigam Ltd, and Cochin Shipyard.
• Procurements include loiter munitions, radars, guided rockets, MRSAM missiles, T-90/Mi-17 overhauls, and naval equipment.
• Strategic focus on drone/counter-drone capabilities, reflecting post-Operation Sindoor lessons and enhancing threat detection.

Why It Matters: DAC's ₹79,000 Cr nod ensures sustained defence capex, driving growth and indigenisation for Indian firms.