The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, is expected to approve a series of major defence procurement proposals worth over Rs 80,000 crore at its meeting today.
According to reports, the agenda includes a key project worth approximately Rs 33,000 crore for the acquisition of four Landing Platform Docks (LPDs) for the Indian Navy — a crucial addition to India’s amphibious warfare capabilities. The vessels are expected to enhance India’s maritime and disaster-response readiness by supporting troop deployment, equipment transport, and humanitarian missions.
The DAC meeting comes amid India’s continued efforts to strengthen its defence infrastructure under the ‘Aatmanirbhar Bharat’ initiative, focusing on indigenous design and manufacturing.
Defence shipbuilders Mazagon Dock Shipbuilders Limited (Mazdock) and Cochin Shipyard Limited are likely to remain in sharp focus during today’s trade, given their strong prospects of benefiting from the naval shipbuilding orders.
In addition to the LPDs, other proposals are expected to include upgrades to air defence systems, artillery modernisation, and high-end electronic warfare capabilities — further boosting the Indian armed forces’ self-reliance and operational strength.
Market experts anticipate increased activity in select defence stocks following the DAC’s announcements, with a positive sentiment likely to extend across the broader defence manufacturing sector.
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