Joint production of cargo ammunition by India and Israel
Dated 1/8/2006
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Even as the war rages on in the Middle East, India is preparing to enter into a first-ever joint defence production venture with Israel to manufacture cargo ammunition.
The joint venture is proposed between the Khamaria ordinance factory near Jabalpur in Madhya Pradesh and Israel Military Industries (IMI), a public sector company.
This will be the first foreign direct investment (FDI) in the defence sector in India since new policies about the manufacture of military products were framed last year.
However, the estimated cost of the project is undisclosed. Cargo ammunition is an explosive that can be fired from both artillery guns and tanks and is designed to damage and maim the enemy over a large area.
Cargo ammunition of various calibres will enhance the importance of artillery on the battlefield dramatically, officials said. iftikhar gilani