Punj Lloyd & Israel Weapon Industries Sign JV To Manufacture Guns In India

[Kshatriya87]

http://defencenews.in/article/Punj-...ies-Sign-JV-To-Manufacture-Guns-In-India-2675
Indian Punj Lloydand Israel Weapon Industries have signed an joint venture to manufacture components of guns in India and later exported to Israel under the first phase.

The joint venture will manufacture full guns in India for supplying to the security forces in the second phase, Indian Express news daily reported Friday.

IWI has already supplied guns such as TAVOR assault rifles and UZI SMG to security forces in India and also has other major programs in which its small arms are undergoing trials.

“This JV will be key in enabling India to leapfrog to a higher technological threshold through the adoption of advanced defence technologies. We are confident that with technology transfer from IWI, Punj Lloyd is positioned to manufacture the complete range of IWI products from pistols to light machine guns and specialist weapons like sniper rifles, in addition to providing service to the existing IWI products and support for new orders,” Punj Lloyd Chairman, Atul Punj was quoted as saying by the news daily.

Industry sources estimate the opportunity of ongoing programs for small arms in internal and national security to be more than Rs 3,000 crore. Currently, the manufacturing of small arms is completely with the public sector. The Union Cabinet had agreed in 2001 to allow manufacture of small arms in the private sector.

Punj Llyod was among the few private firms, along with L&T and Bharat Forge, which had been granted license by DIPP to manufacture small arms in India in 2001-02.

 

[HariPrasad-1]

Punj Lloyd is among two companies short listed for the manufacturing of anti aircraft gun for the indian armed forces. Good going Punj lloyd.

 

[Kshatriya87]

@Kunal Biswas
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[Kshatriya87]

Punj Lloyd is among two companies short listed for the manufacturing of anti aircraft gun for the indian armed forces. Good going Punj lloyd.

They just sold everything and shut down their oil & gas division last year. I thought they were done. But good to see this news, they're still going strong.

 

[Kunal Biswas]

Gud news, Almost all SF in all arms use TAR-21, Spare will be available and cheap ..

 

[Kshatriya87]

These are among the most basic weapons we need. Maybe they can manufacture and supply for Indian police forces too?

 

[Kunal Biswas]

Yes, They can if there are orders ..

These are among the most basic weapons we need. Maybe they can manufacture and supply for Indian police forces too?

 

[Kshatriya87]

Yes, They can if there are orders ..

Good to know. At least now we won't have to wait for better weapons (if the production is fast enough) and ask for foreign help. Guns can be indigenously manufactured as and when required.

 

[Bornubus]

Punj Lloyd is among two companies short listed for the manufacturing of anti aircraft gun for the indian armed forces. Good going Punj lloyd.

They already upgraded zu 23 mm

 

[salute]

are they gonna make indigenous weapons or new designs too,

or its just for mass manufacturing for israeli products.

 

[Kshatriya87]

are they gonna make indigenous weapons or new designs too,

or its just for mass manufacturing for israeli products.

After the technology transfer, all weapons under IWI can be manufactured by Punj Lloyd in India. This will of course be under a licensed agreement with IWI.

As for other designs, if Punj Lloyd is capable, they can prepare prototypes. Show them to the military and if they are interested, punj Lloyd will get a contract and then can manufacture. Its a completely different process.