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Israel Aerospace Industries (IAI), an aerospace and defence
company, has opened AeroSpace Services India (ASI), its Indian subsidiary in
New Delhi. The opening of ASI is a strong demonstration of IAI’s strong
collaboration with the Indian government’s ‘Atmanirbhar Bharat-make In India vision. This also shows the commitment to the strong partnership between IAI
and Defence Research and Development Organisation (DRDO) in developing and
supporting advanced systems for the Indian armed forces.
ASI trades in Indian currency and is the sole authorised
OEM’s Technical Representative for the entire Medium Range Surface-to-Air
Missile (MRSAM) system. MRSAM is an advanced and innovative air and missile
defence system that provides ultimate 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.
Boaz Levy , President and CEO, IAI, comments, “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.”
“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,” said Danny Lauber, CEO, Aerospace Services India (ASI).
ASI boasts a workforce of approximately 50 employees, with
97 per cent being Indian nationals.
With its new facilities on the ground, ASI can significantly reduce turnaround times for repairs and service operations, ensuring swift and efficient support to our esteemed customers. Additionally, by operating locally, ASI is committed to reducing the cost of services and repairs, thereby providing tangible benefits to its valued customers.
( Source: Financial Express)
In FY23, industries such as basic metals, chemical products, refined petroleum, motor vehicles, pharmaceuticals, and food products collectively contributed 52.6% to the manufacturing GVA.
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INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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