First small weapons manufacturing unit under ‘Make in India’ in MP
India’s first small weapons manufacturing unit of the private sector under ‘Make in India’, as claims the state government, was esbalished in Bhind, more than 500 kilometers north of Bhopal, on Thursday.bhopal Updated: May 18, 2017 07:29 IST
Bhopal: India’s first small weapons manufacturing unit of the private sector under ‘Make in India’, as claims the state government, was esbalished in Bhind, more than 500 kilometers north of Bhopal, on Thursday.
The manufacturing unit was established in the partnership of Punj Llyod Company and Israel Weapons Industries in Malanpur Industrial area. Union minister for Panchayati Raj and Rural Development Narendra Singh Tomar and chief minister Madhya Pradesh Shivraj Singh Chouhan were present on the occasion, said the state government’s official spokesperson.
As per Punj Lloyd four types of weapons will be produced in the unit. Israel has delivered a complete technology to produce these weapons. These weapons include short rifle, tavor, sniper rifle, galil, light machine gun and carbine. Out of these, tavor and sniper rifle were used successfully during the surgical strike
Chief minister Shivraj Singh Chouhan said this was the first joint venture project under foreign direct investment (FDI).
“It is a matter of happiness and pride that the Prime Minister Narendra Modi’s dream of ‘Make in India’ has taken a shape on the soil of Madhya Pradesh in the form of establishment of country’s first small weapons manufacturing unit of the private sector”, he said speaking at the inaugural programme.
He said establishment of the unit was a result of Madhya Pradesh being the first state in preparing an investment policy after the announcement of the Prime Minister about 49% FDI in defence sector.
Union Minister Narendra Singh Tomar said Madhya Pradesh led in implementing decisions taken by the union government towards skill development, employment, agriculture, defence and other sectors under the ‘Make In India’. FDI in defence sector was one of the several bold decisions which were taken after the formation of new government at centre.
Micheal Ben from Israel defence ministry said transfer of information and technology wouldl continue in future also. Israel and India would keep on deliberating towards cooperation in defence industries developing advance defence equipments.
Ambassador of Israel to India Daniel Carmon stated India and Israel were celebrating 25 years of partnership.
Chairman Punj Llyod Atul Punj said Punj Llyod defence system would fulfil the requirement of most advance defence equipments used in the country.
First Published: May 05, 2017 21:55 IST