Israel Aerospace Industries (IAI) and Bengaluru-based Dynamatic Technologies Ltd. (DTL) on Wednesday signed an agreement to manufacture mini Unmanned Aerial Vehicles (UAVs) in India.
The agreement will allow the transfer of technology and production capabilities from IAI to DTL to produce mini UAVs as per the Indian requirements under the Make in India initiative. The agreement was signed at the ongoing Aero India here.
IAI is Israel's largest aerospace and defence company and prime manufacturer of missiles, drones, satellites, weapon systems and munitions, unmanned and robotic systems and radars, among others. India is one of IAI's major customers.
Speaking on the occasion, IAI's Military Aircraft Group General Manager Shaul Shahar said: "India is one of IAI's main strategic customers... our intention is to transfer a significant part of our UAV activity to India in the near future, in accordance with the 'Make in India' policy. We will jointly offer best-of-breed solutions for India."
"Our company already manufactures major complex assemblies for global OEMs (Original Equipment Manufacturers) and we have already built a robust supply-chain ecosystem in India," said Udayant Malhoutra, CEO and Managing Director, DTL.
"This is the foundation upon which the industrialisation of world-class UAVs will be developed," he added.
DTL builds high-precision systems and sub-systems for aerospace, automotive, hydraulics, and homeland security and defence sectors.
The company also manufactures complex assemblies for aviation majors like Hindustan Aeronautics Limited, Airbus, Boeing and Bell helicopters.
--IANS
rs/tsb/vm
Disclaimer: No Business Standard Journalist was involved in creation of this content
