Indian companies have signed 12 strategic agreements ranging from air defense systems, radars, anti-ship missiles to medium altitude long endurance UAVs in India under technology transfer worth $4.3 billion during the first formal meeting of India-Israel CEOs forum in Tel Aviv.
New Delhi (Sputnik) – The meeting took place at the end of Prime Minister Narendra Modi's visit.
New Delhi (Sputnik) – The meeting took place at the end of Prime Minister Narendra Modi's visit.
Pune-based Kalyani Strategic Systems Ltd has signed a joint venture agreement with Israel Aerospace Industries (IAI) for addressing a range of opportunities across air defense systems, radars, anti-ship missiles and command & control systems for the Indian armed forces. Both the companies will produce weapons worth $1.54 billion over a period of 7-10 years.
The two CoChairs of the India Israel CEO Forum sign and exchange the Joint Intentions document. Very smooth discussion and conclusion. pic.twitter.com/xpu8FQwe9A— Dr A Didar Singh (@SecyGEN_ficci) July 6, 2017


