India’s First Private Missile Production Facility Unveiled

India’s first private sector missile sub-systems manufacturing facility, a joint venture between the $2.5 billion Kalyani Group and Israel’s Rafael Advanced Defence Systems Ltd., was inaugurated near Hyderabad.

The Kalyani Rafael Advanced Systems (KRAS) plant will make anti-tank guided missile (ATGM) Spike.  Besides supplying to the Indian Army, the plan is to export to South East Asian countries.

Important Takeaways from Above News-
  • Chief Minister of Telangana is K Chandrasekhar Rao.
Source- The Hindu

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