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NEW DELHI - India has approved proposals to acquire defence equipment, including infantry combat vehicles, light tanks and missile systems, worth 843.28 billion rupees ($10.18 billion), the defence minister said on Thursday.
Of the total approvals, more than 97% have been earmarked to be procured from Indian manufacturers, Defence Minister Rajnath Singh wrote on Twitter.
($1 = 82.8330 Indian rupees)
(Reporting by Shivam Patel in New Delhi Editing by Mark Potter)
Reuters