KALYANI GROUP TIES UP WITH RAFAEL TO MAKE SPIKE MISSILES

[samlove]

In a move that will further deepen India-Israel strategic cooperation, Rafael of Israel and India’s Kalyani Group are forming a manufacturing Joint Venture (JV) to produce Spike Anti-Tank Guided Missiles (ATGM) in India and Bharat Dynamics Limited (BDL) will be the system integrator, informed sources told The Hindu.
Spike is a third generation, fire-and-forget, man-portable, anti-tank missile. In all, about 40,000 missiles are required to equip the Army’s 382 infantry battalions and 44 mechanised regiments.
In October last year the Defence Acquisition Council chaired by then Defence Minister Arun Jaitley had cleared the Spike ATGM deal worth Rs. 3,200 crore deal for 8,000 plus missiles, 300 plus launchers and requisite transfer of technology to an Indian firm. The U.S. had lobbied hard for its Javelin missiles with offer of joint development and production of next generations missiles for use by both countries.
The companies are in talks with the Telangana government to procure land to set up a manufacturing facility in Hyderabad as BDL’s missile unit is located there. The JV will conform to the Foreign Direct Investment guidelines with 51% ownership held by the Kalyani Group.
Sources said the plan was to start production in about two years.

 

[Paranoid Android]

Long live our relation...

 

[Not So Good]

hope they learn something and help to develop good anti tank missile

 

[ghauri05]

simple JV,Israel will develope the missile,India will pour money in it!!!

 

[Not So Good]

simple JV,Israel will develope the missile,India will pour money in it!!!

you are genius buddy your thoughts are enlightening

 

[IND151]

Interesting news

 

[migflug]

Good news . Develop next gen now

 

[SipahSalar]

Ties up? Or teams up? English is hard.

 

[Jamwal's]

Which one is better Kornet .. NAG or Spike ?

 

[AMCA]

simple JV,Israel will develope the missile,India will pour money in it!!!

Its an already developed missile you troll. Kalyani Group is bringing in an already existing technology to integrate and develop this missile for our forces with BDL as its lead integrator.

This Pvt company is trying to absorb as much technology as possible from this deal.

 

[ghauri05]

you are genius buddy your thoughts are enlightening

I Know

 

[RazorMC]

Wow. So many anti-tank missiles.
With such large numbers on both sides, aren't tanks negated in the battle-field?

 

[Rocky25]

Wow. So many anti-tank missiles.
With such large numbers on both sides, aren't tanks negated in the battle-field?

What model and number of Anti-Tank Missiles does Pakistan have?

 

[Sarjen29]

simple JV,Israel will develope the missile,India will pour money in it!!!

Dude, Kalyani group is Private one.. GoI doesn't have to spent for their dev cost

 

[NKVD]

@DESERT FIGHTER you thought Deal Was Cancelled

Kalyani group ties up with Rafael to make Spike missiles - The Hindu