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HomeBusinessIsrael Aerospace Industries sets up desi subsidiary under ‘Make in India’ programme

Israel Aerospace Industries sets up desi subsidiary under ‘Make in India’ programme

NEW DELHI: A leading Israeli aerospace and defence company has set up an Indian subsidiary to strengthen its “strong partnership with

DRDO

in developing and supporting advanced systems for the Indian armed forces.”

Israel Aerospace Industries

(IAI) has set up

AeroSpace Services India

(ASI), which it says is a “strong demonstration of IAI’s strong collaboration with the Indian government’s ‘

atmanirbhar Bharat

‘-

Make in India

’ vision.”
“ASI trades in Indian rupees and is the sole authorised OEM’s technical representative for the entire medium range surface-to-air missile (MRSAM) system… that provides protection against a variety of aerial platforms.

It is used by the Indian army, air force and navy. The system includes an advanced phased array radar, command and control, mobile launchers, and interceptors with advanced RF seeker.

MRSAM

is jointly developed by IAI and DRDO for the Indian forces,” IAI said in a statement.
IAI president & CEO Boaz Levy said: “IAI proudly presents ASI as our first major milestone towards India’s

atmanirbhar

Bharat vision on self-reliance. India and Israel’s partnership has witnessed state-of-the-art achievement. This growth and development will create history when our two nations will foster IAI’s technology and India’s talent and expertise in the Defence sector. Together we will make Bharat atmanirbhar.”
IAI is a leader in defence and commercial aerospace, providing its customers with state-of-the-art systems for air, ground, sea, space and cyberspace applications.

“Over the past 30 years, IAI has worked closely with our Indian partners collaborating on some of the latest technologies. Our new ASI office will allow us to further that commitment. We have a fabulous team of local professionals, and we are working together with our partners in the public and private sectors on the ground,” said ASI CEO Danny Lauber.

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