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