India supplies Israel with billions of dollars worth of military equipment.

July 8, 2017 18:20

On July 8th, Indian defense news outlets reported that at a recent forum held in Tel Aviv, Israel, Indian defense equipment manufacturers and suppliers signed 12 agreements with Israeli partners, including the supply of air defense missile systems, radar, anti-ship missiles, and unmanned aerial vehicles (UAVs), under a technology transfer initiative worth over $4.3 billion.

 Tên lửa Agni-IV của Ấn Độ. Ảnh minh họa. (Nguồn: AFP/TTXVN)
India's Agni-IV missile. (Illustrative image. Source: AFP/VNA)


Specifically, Kalyani Group has signed an agreement to establish a joint venture with Israel Aerospace Industries (IAI) to manufacture air defense systems, radar, anti-ship missiles, and command and control systems for the Indian armed forces.

It is projected that over the next 7-10 years, these two companies will produce a wide range of weapons, worth approximately $1.54 billion.

Meanwhile, an IT company in Bangalore has signed a strategic partnership agreement with IAI to manufacture, assemble, and support UAVs for the three branches of the Indian armed forces. This agreement will be implemented under the "Make in India" initiative.

Additionally, Indian Railways & Engineering and the Israeli corporations Adventz Group and LeshmanLesico Group signed agreements to implement several railway projects worth $2 billion, including the Greenfield railway project in Tel Aviv and Jerusalem.

According to Vietnamplus

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India supplies Israel with billions of dollars worth of military equipment.
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