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Indian Economy - Understanding the basics of Indian economic system

14-Aug-21

MBDA, BDL establish facility for Test of Advanced Short Range Air-to-Air Missile in India

MBDA, a European multinational developer and manufacturer of missiles, and Bharat Dynamics Limited (BDL) are establishing a facility for the final assembly, integration, and test of Advanced Short Range Air-to-Air Missile (ASRAAM) missiles in India.
ASRAAM missiles are one of the Within Visual Range missiles that BDL will manufacture at its Bhanur unit for domestic and export purposes through MBDA.
MBDA International Industrial Cooperation Director, George Kyriakides and BDL technical Director N P Diwakar signed the agreement virtually in the presence of BDL CMD, Commodore Siddharth Mishra (Retd).
As per the agreement, MBDA will provide knowledge and equipment to BDL for establishing the facility in India which is due to start immediately. Operations are expected to begin by next financial year.
The agreement is BDL’s commitment to contributing to the ‘Atmanirbhar’ and ‘Make in India’ initiatives of the Indian Government in the Defence sector.

By: Neeraj Chauhan

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