These include procurement of Advanced Torpedo Decoy Systems (ATDS), light machine guns, assault rifles and sniper rifles.
"This procurement will meet the operational requirement of the troops deployed on the borders. A concurrent proposal is being processed for the balance quantity to be procured under the 'Buy and Make (Indian)' categorisation," the Defence Ministry said in a release.
The DAC also accorded approval for procurement of 7.4 lakh assault rifles for the three services.
In the last one month, to equip the soldiers on the border with modern and more effective equipment, the DAC has fast-tracked procurement of the three main personal weapons -- rifles, carbines and light machine guns.
"While these high precision weapons will be bought with 'Buy Global' categorisation, the ammunition for these will be initially procured and subsequently manufactured in India," the Ministry said.
The 'Mareech' system has been developed indigenously by the Defence Research and Development Organisation and has successfully completed extensive trial evaluations.
The Mareech systems will be produced by Bharat Electronics Limited, Bengaluru at an estimated cost of Rs 850 crore, it said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)