World · India Bureau
HAL, BEL positioned as major gainers from defence procurement push
India's Defence Acquisition Council has green-lit over Rs 1.1 lakh crore in military procurement proposals, with state-owned defence manufacturers HAL and BEL expected to benefit significantly from the expansion plans across all three services.
LSN India ·
The Defence Acquisition Council approved a substantial batch of procurement proposals on September 7, signalling a major push to strengthen India's defence capabilities across the Army, Navy and Air Force. The approvals, totalling Rs 1.1 lakh crore, cover a broad spectrum of military requirements spanning equipment, platforms and systems for all three service branches.
State-owned Hindustan Aeronautics Limited (HAL) and Bharat Electronics Limited (BEL) are positioned as key beneficiaries of the acquisition programme, according to analyst assessments. The defence sector players are expected to secure substantial orders from the approved procurement slate, strengthening their order books and production pipelines in coming years.
The scale of the acquisition approvals underscores India's commitment to modernising its armed forces and reducing dependence on imports for critical defence systems. The procurements are expected to generate significant activity within the domestic defence manufacturing ecosystem, providing opportunities for both public sector undertakings and private sector vendors across the supply chain.
The approvals represent part of broader efforts to boost India's indigenous defence capabilities and support the government's 'Make in India' objectives within the military-industrial sector. Defence procurement remains a priority area for capital deployment as the country addresses operational requirements and technological gaps across its armed services.