India’s first private missile production facility unveiled in Hyderabad

Posted on:05 Aug 2017 09:55:10
India’s first private missile production facility unveiled in Hyderabad
05 August 2017 Current Affairs: India’s first private sector missile sub-systems manufacturing facility Kalyani Rafael Advanced Systems (KRAS) plant inaugurated near Hyderabad.

It has been established a line with the ‘Make in India’ initiative and Government’s policy to encourage private sector participation in defense product.

It has invested in designing, developing and manufacturing of weapon systems including Spike Anti-Tank Guided Missile (ATGM) systems and remote weapon.

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