India Clears Military Projects Worth $13 Bln to Boost Defense Preparedness

India cleared on Saturday a bulk of defense projects worth $13 billion in a bid to boost the country's national defense preparedness, the Indian Defense Acquisition Council (DAC) said. According to defense ministry sources, the major decisions taken by the Defense Acquisition Council include the construction of six submarines in India at the cost of about Rs 50,000 crore and the purchase of more than 8,000 Israeli anti-tank guided missiles.

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