December 1, 2018 / 11:52 AM / 13 days ago

India approves acquisition of defence equipment worth $431 million

NEW DELHI, Dec 1 (Reuters) - India has approved the acquisition of defence equipment worth about 30 billion rupees ($431 million), the government said in a statement on Saturday.

The Defence Acquisition Council approved the procurement of supersonic cruise missile BrahMos for two Indian navy ships, which it said will form the primary weapon on-board the ships.

The government also approved procurement of armoured recovery vehicles for the Indian army’s main battle tank.

$1 = 69.6400 Indian rupees Reporting by Nigam Prusty

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