Centre Clears ₹1.10 Lakh Crore Military Procurement Boosting Defence Stocks

1. 📣
   8 Sept 2026, 08:33 amannouncement

   Defence Acquisition Council approves ₹1.10 lakh crore procurement proposal with 98% domestic sourcing

   The Defence Acquisition Council greenlit a major ₹1.10 lakh-crore acquisition list featuring missile systems, radars, and Dhruv helicopters to enhance national self-reliance. Public sector enterprises like BEL, HAL, and BEML experienced significant stock market rallies following the announcement.

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2. 📣
   7 Sept 2026, 04:36 pmannouncement

   India's Defence Acquisition Council clears military procurement proposals worth Rs 1.10 lakh crore

   The Defence Ministry cleared major acquisition proposals totaling Rs 1.10 lakh crore on September 7, 2026, to bolster capabilities for the Army, Navy, and Air Force. Officials confirmed that 98 percent of the equipment will be sourced directly from the domestic Indian industry, including plans to overhaul Sukhoi-30MKI fighter jets.

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