(Defense News) Vivek Raghuvanshi - Israel Weapon Industries, a former division of Israel Military Industries, and India's Punj Lloyd firm have begun to jointly produce a variety of small arms from the Israeli company's product line, some of which are for the Indian armed forces. The new venture is expected to tap a solid chunk of India's small arms market, estimated at more than $5 billion, because of its "Made in India" character.
2017-05-12 00:00:00Full ArticleBACK Visit the Daily Alert Archive