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Spark In The Dark
Businessworld
|May 27, 2017
40 Ordnance factories make the bulk of India’s small arms
DIVERSIFIED ENGINEERING and construction group, Punj Lloyd, has made a formal debut in defence manufacturing , with small arms. The company has recently inaugurated India’s first private sector small arms manufacturing plant at Malanpur, an industrial hub some 10 km from Gwalior’s Air Force base, in Madhya Pradesh.
The small arms will be manufactured by Punj Lloyd Raksha Systems, a joint venture between Punj Lloyd and Israel Weapon Industries (IWI). The joint venture PLR plant will manufacture Tavor assault rifles, X95 carbines and assault rifles, Galil sniper rifles and Negev Light Machine Guns (LMG).
Dit verhaal komt uit de May 27, 2017-editie van Businessworld.
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