Kalyani Group Unveils Facility To Supply Anti-Tank Guided Missiles To Indian Army

[doe33]

The Kalyani Group unveiled its facility in Hyderabad to build anti-tank guided missiles for the Indian Army with its Israeli joint venture partner as part of Prime Minister Narendra Modi’s ‘Make in India’ initiative.

The order, which awaits final approvals, includes supplying thousands of Spike missiles valued at around $1 billion over next couple of years, Baba Kalyani, chairman of $2.5-billion forging-to-engineering Kalyani Group, told reports at the launch. The group has inked a 51:49 percent joint venture with Rafael Advanced Defense Systems Ltd.

India, the world’s biggest importer of arms and defence equipment, is looking to boost local manufacturing by pushing domestic private companies to tie up with overseas peers for technology.

The Kalyani Strategic Systems Ltd. and Rafael will manufacture and integrate Spike anti-tank guided missile systems and spice glider bombs in India. It will supply the Indian Army 321 Spike ATGM launchers, 8,356 missiles, 15 training simulators and associated accessories.

All field trials for the missile have been completed, said Kalyani. The missile will have close to 90 percent localised content, he said. The deal involves transfer of technology to state-owned Bharat Dynamics Ltd. and option to produce additional missile launchers and missiles. The state-owned company will integrate ammunition with the missile.

“We have already invested close to $70 million as preparation for this order,” said Yoav Har-Even, president and chief executive officer of Rafael Advanced Defense Systems. The company has been developing and training small and medium enterprises around Hyderabad to supply to the Kalyani-Rafael facility.

This is Kalyani Group’s second partnership with an Israeli company. It struck the first one with BF Elbit Advanced Systems Pvt. for artillery guns. The venture with Rafael Advanced Defense is one of the first to be off the block under ‘Make in India’ to manufacture high tech missiles in India.

“Both partners have invested around Rs 60-70 crore to build the facility. We would be investing another Rs 60-70 crore as we scale operations,” said Kalyani.

The facility is ready and we will be able to supply the missiles within weeks of final orders from the government.
- Baba Kalyani, Chairman, Kalyani Group

The army is looking to equip all its infantry and mechanised infantry battalions and replace the current second generation French-made Milan anti-tank guided missiles.


Export Hub ::

Rafael is looking at making this an export hub for the anti-tank guided missiles to south east Asian countries, depending on the government nod’s, said Kalyani.

https://www.bloombergquint.com/busi...ty-anti-tank-guided-missile-spike-indian-army

 

[Water Car Engineer]

NEW DELHI — India’s $2.5 billion private sector giant Kalyani Group on Thursday launched the country’s first-ever private missile subsystems manufacturing facility in partnership with Rafael Advanced Defense Systems of Israel.

The new entity, called Kalyani Rafael Advanced Systems, will undertake the production and assembly of Spike anti-tank guided missiles and its related technologies such as missile electronics, command, control and guidance, electro-optics, remote weapon systems, precision-guided munitions, and system engineering in the new 24,000-square-foot facility in Hyderabad, southern India.

”In line with the [Indian] government’s ‘Make in India’ initiative, the joint venture will invest in high-end technology and advanced manufacturing techniques to design, develop and manufacture state-of-the-art weapon systems for the Indian armed forces,” Kalyani Group said in a statement. ”This green fieled joint venture envisages creation of significant direct and indirect employment opportunities, import substitution and foreign direct investments into the country.”



Kalyani Group will have 51 percent equity holding in the joint venture company, while the remaining 49 percent will be held by Rafael.

This is India’s largest-ever foreign direct investment joint venture firm.

This joint venture company will undertake assembly and testing of medium-range Spike ATGM main nonexplosive subsystems including guidance unit, command launch unit, thermal sights and its electro-optics systems,” Kalyani Group Chairman Baba Kalyani said.

The joint venture company also aims to export Spike ATGM family and SPICE precision-guided munitions to Southeast Asian counties in the future, the chairman noted.

Retired Maj. Gen. Yoav Har-Even, the president and CEO of Rafael, said: ”The establishment of this facility is a sign of our commitment to ‘walk the talk’ in terms of partnering with Indian industry towards indigenous manufacture.”

The joint venture firm is also establishing a robust supply chain in India to undertake spares and other parts requirements of missiles to be manufactured in the country, Har-Even added.

India’s Ministry of Defence is expected to award a $1 billion contact to Rafael for the procurement of 321 ATGM launchers, 8,356 Spike missiles, 15 training simulators and associated accessories for the Indian Army.

Kalyani Group is the main offset partner for Spike missiles in regard to the production of components and subassemblies for the anti-tank guided missile.

This program also has an option to build another 1,500 launcher systems and about 30,000 additional missiles in the future, one MoD official said.

Kalyani Group has also set up dedicated manufacturing facilities for artillery guns, armored vehicles, protected vehicles and ammunition at various locations in India.


https://www.defensenews.com/smr/spa...s-rafael-open-missile-manufacturing-facility/

 

[Water Car Engineer]