Business News | Nifty India Defence Index Closes 2.5% Higher After Rs 1.10 Lakh Crore DAC Approval

Get latest articles and stories on Business at LatestLY. Shares of defence companies rallied on Tuesday after the government on Monday cleared defence acquisition proposals worth about Rs 1.10 lakh crore, with 98 per cent of the procurement value earmarked to be sourced from Indian industry.