Defence procurement timelines to be 'significantly' shortened by early June

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Defence procurement timelines to be 'significantly' shortened by early June - Business Standard

Quick Summary:

The acquisition of defence equipment currently takes over 5-7 years to complete, with field-evaluation trials alone taking up to three years.

It should not be this way," said a source, adding: "The prolonged time taken for field evaluation trials and cost negotiations will also be reduced." It was also indicated that the groundwork for shortening these timelines had already been laid.

The capital outlay on defence services has seen a modest 4.65 per cent increase over the 2024-25 Budget Estimate of ₹1.72 trillion.