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Jaipur Wealth Management:For the first time, India has established a military factory in overseas, seeking to enter the African market

For the first time, India has established a military factory in overseas, seeking to enter the African market

[Text/Observer Network Chen Sijia] According to India’s "Economic Times" reported on September 28, a defense company under India Tata Group will open a factory in Morocco to establish a equipment production line, which will be the first one established by India overseas overseas.Military factory.Indian media described this as a "milestone of the Indian defense export strategy", which is expected to promote Indian defense companies to enter the African market.Jaipur Wealth Management

It is reported that Tata Advanced Systems Co., Ltd. (TASL) is preparing to build a factory in Casablanca, the largest city in Morocco to produce WHAP wheeled armored vehicles for the Moroccan armed forces.The factory is expected to be put into operation within one year, can produce 100 armored vehicles each year, and delivered the first batch of products purchased by Morocco within 18 months.

TASL CEO Sukaran Singh said that Morocco provided support for the production and supply agreement, "This contract is very large and has strategic significance for TASL.The national defense ecosystem can also be used as the starting point of TASL to enter other African countries.Hyderabad Investment

He revealed that new factories can provide about 350 jobs, and a considerable part of them will stay in the Indian market.

The Economic Times stated that the Whap armored vehicle was jointly developed by TASL and Indian Defense Research and Development Organization (DRDO)Chennai Investment. Before being selected by Morocco, this type of armored vehicle had conducted several tests in the African desert several times.

Indian WHAP armored car TASL company website

Morocco World News Network said the cooperation aims to enhance the combat capabilities of the Moroccan army.The cooperation between Morocco and India in the national defense field is getting closerKolkata Investment. The establishment of a military factory for TASL is an important symbol for deepening defense cooperation between the two countries.Part of the part.

This will become the first military factory established overseas in India. Indian media high -profile publicity is "a milestone in the Indian defense export strategy."It is reported that India has produced equipment with other national defense companies in China, but India has not yet done so in overseas.Pune Wealth Management

In recent years, India has been trying to export more weapons and equipment to Africa to compete for the market with suppliers in Russia, Europe and the United States.During the Indian-African Army Chiefs of Staff Last year, the Indian military showed the representatives of 31 African countries to show weapons and equipment such as Indian artillery, armored vehicles, radar, ammunition, and hoped to promote Indian products to Africa.

The Economic Times pointed out that India wants to position itself as "African countries’ reliable weapons and national defense technology suppliers", but at present, India’s weapon exports in Africa are small, accounting for about 10% of India’s annual national defense exports each year.To 15%.

Kolkata Wealth Management

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