INDIA'S FIRST PRIVATE MISSILE PRODUCTION FACILITY
India’s has unveiled its first private sector missile sub-systems manufacturing facility. It is a joint venture between the Kalyani Group and Israel’s Rafael Advanced Defence Systems Ltd. The facility is located near Hyderabad. The move is in line with ‘Make in India’ initiative of the Centre. The facility is also the manifestation and the policy to encourage private sector participation in defence production.
Advanced equipment
The Kalyani Rafael Advanced Systems (KRAS) plant will make anti-tank guided missile (ATGM) Spike and the production will begin very soon. Besides supplying to the Indian Army, the product will also be exported to South East Asian countries also.
The plant will also produce electro-optics, remote weapon systems, precision guided munitions and system engineering for system integration. The plant would employ more than 300 engineers and provide indirect employment to 1,000 people.
KRAS aims to be a one-stop solution provider to locally re-design, develop, re-engineer and manufacture various land and airborne products and systems in India. It also has plans for expansion. The phase-II will be undertaken at another industrial location in Hyderabad.
