JTA NEWS
19 November 2017 - 2 Kislev 5778 - ב' כסלו ה' אלפים תשע"ח
JTA NEWS :
Israel and India confirm another defence contract E-mail

Israel Weapon Industries (IWI) has set up a joint venture with an Indian partner to manufacture small arms, including assault rifles, from this year.

This is in line with the Indian Government’s efforts to persuade foreign arms makers to share technology and make the products under the “Make in India” programme.

IWI has tied up with India’s Punj Lloyd to manufacture small arms, including assault rifles, such as Tavor 21 and Galil, under a technology transfer arrangement. With the help of IWI, Punj Lloyd has inaugurated a plant in central India, and the production of small arms will begin here this year.

“We have done a joint venture with IWI and we have set up a plant for manufacturing assault rifles, carbines, light machine guns and snipers in our plant. This is a joint venture with technology transfer arrangement to India,” said Ashok Wadhawan, President – Manufacturing Business (Defense and Aerospace) at Punj Lloyd Limited.

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