New Delhi. 26 April, 2016. During the year 2015-16, 61 contracts have been signed with cumulative value of Rs. 47877.29 crore for capital procurement of defence equipment including Helicopter, Missiles, Rockets, frigates, BMP, Radar, Simulators and Vehicles.
Budget and expenditure on Capital Acquisition for defence Forces during 2012-13 to 2014-15 is given below:
(Rs. in crore)
Adequate troops have been deployed to ensure national security. Government attaches high priority to ensuring that the Armed Forces are adequately equipped and operationally prepared to deal with the entire spectrum of security challenges facing the country.
This information was given by Defence Minister Manohar Parrikar to the Pafrliament today.