India's Defence Acquisition Council (DAC) has approved proposals for the procurement or lease of defense goods valued at approximately Rs 79,000 crore. These approvals, chaired by Defence Minister Rajnath Singh, primarily favor domestic sources for the Army, Navy, and Air Force. While these Acceptance of Necessity (AON) approvals are in-principle clearances and require further Cabinet Committee on Security approval, they signal potential future orders. The development has drawn attention to defense stocks, with Solar Industries highlighted for its role in supplying explosives, ammunition, and indigenous loitering munitions.