Defence Ministry Seals Rs 1.82 Lakh Cr Contracts, Boosts Indigenisation & Reforms

India
M
Moneycontrol•01-01-2026, 20:31
Defence Ministry Seals Rs 1.82 Lakh Cr Contracts, Boosts Indigenisation & Reforms
- •Defence Ministry signed capital contracts worth Rs 1.82 lakh crore by Dec 2025 for armed forces modernisation.
- •DAC approved over Rs 3.84 lakh crore in capital acquisition proposals since Jan 2025, focusing on indigenisation.
- •The 'Year of Reforms 2025' saw progress in strengthening jointness, self-reliance, and defence preparedness.
- •Reforms include FDI encouragement, private sector participation, and new defence tech initiatives.
- •Significant welfare improvements for veterans via ECHS and digital pension platform SPARSH.
Why It Matters: Defence Ministry drives massive reforms and investments for a modern, self-reliant Indian military.
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