India’s Punj Lloyd and its JV Partner Israel Weapon Industries (IWI), today has inaugurated the country’s first private-sector small arms manufacturing plant at Malanpur in Madhya Pradesh.
The joint venture company, Punj Lloyd Raksha Systems (PLR) will be manufacturing small arms for the Indian Defence Forces and also for export, Israel Weapon Industries reported Thursday.
The IWI manufactures weaposn such as TAVOR Assault Rifles, three calibre X95 (Assault Rifle & SMG), NEGEV Light Machine Guns, GALIL ACE Assault Rifles, GALIL SNIPER Semi-Automatic Rifle, UZI SMG and JERICHO pistols.
Punj Lloyd Chairman Atul Punj said, “It is the first time in India that we are coming together with the complete technology to manufacture these products as ‘Made in India’.”
Present on the occasion, Michel Ben-Baruch, Head of SIBAT, Israel Ministry of Defence said,“Israel's Ministry of Defense supports this cooperation and will continue to support the transfer of technology and information also in the future, for the betterment of improved advanced tools.
Israel and India consider their defense industry cooperation as a monumental step forward, towards a future of immense potential.
Punj Lloyd brings strong capabilities in Defence across Land Systems, Aerospace, Small Arms and Homeland Security.
The objective is to develop genuine force multipliers in providing a decisive edge to the Indian Armed Forces and building a robust indigenous defence industrial base. Some of the Group’s clients in Defence include Ordnance Factory Board, Gun Carriage Factory, Jabalpur, HAL, DLW, AHPL, Fincantieri, SAAB, Toshiba, Metso, Inox Wind among others.
Israel Completes Delivery of First Batch of Spice-2000 Bombs to India
Pentagon Awards Iridium $738.5M for Services in Low Earth Orbit Constellation
Russian MC-21 Airliner Lands in Istanbul After First International Flight
Cruise Missiles Coming From Iran or Iraq Involved in Saudi Oil Facility...
Israel to Modernise Ukrainian MiG-29 Jets for $440M
MiG-35 Shows Off New AESA Radar at MAKS 2019
Su-57’s Technology predecessor, the Su-47 ‘Berkut’ Displayed at MAKS 2019
Russia Unveils its Biggest Ever Drone to Compete with US Global Hawk
Artificial Intelligence (AI) is rapidly permeating the defence industry to aid and improve human decision-making
Upgrade of Russias Sukhoi Su-30SM fighters to equip them with armaments, radar, sensors and engines from the more powerful Su-35...
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...
Russian state-run Almaz-Antey has released additional data on its latest export-version of Buk-M3 Viking air defense missile system (ADMS)
The MiG-29, one of Russias most exported military jet has been upgraded in India that expands its capabilities from an...