Defense giant Israel Aerospace Industries opens Indian subsidiary in Delhi
AeroSpace Services India is the “sole authorized OEM’s technical representative for the entire Medium Range Surface-to-Air Missile (MRSAM) system,” the report said.
Aerospace and defense company Israel Aerospace Industries (IAI) has opened its Indian subsidiary in New Delhi, according to an official statement.
IAI made the announcement at an event held here.
The opening of AeroSpace Services India (ASI) is in line with the Indian government’s vision of ‘Atmanirbhar Bharat’ and ‘Make in India’, the report said.
“This also demonstrates the commitment to a strong partnership between IAI and DRDO in developing and supporting advanced systems for the Indian Armed Forces,” the statement said.
AeroSpace Services India is the “sole authorized OEM’s technical representative for the entire Medium Range Surface-to-Air Missile (MRSAM) system,” the report said.
“IAI is proud to present I as our first major milestone towards India’s Atmanirbhar Bharat vision of self-reliance. The India-Israel partnership has witnessed state-of-the-art achievements. This growth and development will make history as our two nations leverage India’s technology and talent and expertise in the defense sector,” IAI’s President and CEO Boaz Levy quoted.
IAI has a workforce of around 50 employees, 97 percent of whom are Indian nationals. Headquartered in Delhi, IAI’s strategically located offices are expanding their services across the Indian subcontinent, reaffirming their commitment to nationwide coverage and customer satisfaction, the company said.
(Only the headline and image of this report may have been reworked by Business Standard staff; the rest of the content is automatically generated from a syndicated feed.)
First print: March 28, 2024 | 00:00 IST