 "Officials of Kalyani Group & Israel Aerospace signing the MoU")
Kalyani Strategic Systems Ltd (KSSL), a subsidiary of Bharat Forge Ltd and the defense arm of Kalyani Group, and Israel Aerospace Industries Ltd (IAI) have signed an MoU to form a joint venture company (JVC) in India. Aimed at expanding the presence of these two companies in the Indian defence market, the JV will build, market and manufacture specific air defense systems and ground to ground & ground to sea munitions. The MoU was signed in Bengaluru at the Aero India exhibition yesterday by Joseph Weiss, IAI’s President and CEO and Baba Kalyani, chairman, Kalyani Group.
Baba Kalyani, chairman, Kalyani Group,
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