India’s first private sector missile sub-systems manufacturing facility, Kalyani Rafael Advanced Systems (KRAS) plant was inaugurated at the Hardware Park in Rangareddy district near Hyderabad on 3 August 2017.
The facility, which is a joint venture between India’s Kalyani Group and Israel’s Rafael Advanced Defence Systems Ltd, has been established in line with the Union government’s ‘Make in India’ initiative and the policy to encourage private sector participation in defence production.
• While Kalyani Groups holds 51 percent stake in the project, the Israel-based company owns 49 percent stake.
• The joint venture will invest in designing, developing and manufacturing of weapon systems including Anti-Tank Guided Missile (ATGM) systems and remote weapon systems.
• Covering an area of 24,000 square feet, the unit is set to roll out tandem warhead, portable anti-tank missile systems and also Spike missiles, the range of which lies between 2 km and 10 km depending on the mode of transportation.
• The unit also has a night vision capacity making the weapon deadly accurate even at night time.
• Besides supplying to the Indian Army, the unit aims to extend support to the South East Asian countries.
• The facility was inaugurated by Telangana Industries and IT Minister K.T. Rama Rao in the presence of Israeli Ambassador Daniel Carmon.
Speaking on the development, Rama Rao said that more than 30,000 researchers and scientists and 1,000 MSME units in and around the city were working in the areas of defence systems. He added that Hyderabad and Telangana have all the trappings to become the number one destination for defence investment and defence electronics in the country.
According to the Chairman of the Kalyani group Major General (retd) Baba N Kalyani, the unit which came up in a record time of ten months is providing direct employment to 300 people and indirect employment to around 1000 people through the supply chain. The Kalyani group has invested over Rs 60 Cr in the project.
“Going forward, once orders start flowing, we will invest more. We are also looking to make other products,” Kalyani said adding that Spice glider bombs used by the Air Force would be the next.
Maj Gen (Retd) Yoav Har-Even, President and CEO, Rafael Advanced Defense Systems Ltd also spoke on the development by saying that the Hyderabad facility will take up more products such as Spike missile systems, which are used by 26 countries all over the world. “With the significant transfer of knowledge we are resolved to help make in India by manufacturing Air to Ground weapon system here,” he added.
Further, the facility, which aims to be a one-stop solution for locally re-designing, developing, re-engineering and manufacturing various land and airborne products and systems in India, plans to expand. The phase-II of the unit will be undertaken at another industrial location in Hyderabad.
President Ram Nath Kovind’s visit to Cyprus: Key Highlights
India records best-ever performance at Asian Games 2018: In Detail
Indus Waters Treaty: India, Pakistan agree to undertake Treaty mandated tours on both sides
Vodafone-Idea merger completed; creating India’s largest telecom service provider