: Astra Rafael Communication System (ARC), a joint venture between Astra Mircowave Products Ltd and Israel-based Rafael Advanced Defence Systems Ltd, inaugurated its state-of-the-art facility here on Tuesday.
The joint venture (JV), set up on a 51:49 per cent basis with all regulatory approvals, is inline with the 'Make in India' initiative and would invest in high-endtechnology and advanced production techniques to design, develop andmake state-of-the-art tactical communication systems for the Indianarmed forces, managing director Astra Microwave Products Ltd S Gurunatha Reddy told reporters here.
In terms of areas of operations, the venture would do something for defence communications, specifically in the manufacture of software-depend radios to start with and later on graduate into development of various equipment for the defence communications and also get into electronic warfare and signal intelligent system, he said.
As of now, both the JV partners have invested Rs 35 crore and would invest more as it goes forward, Reddy said.
Initially, ARC would focus on the domestic market and over a period of time exports would be considered, he said.
We have an order of USD 30 million as of today from Rafael. And this order will be executed in the next 24 months," he said.
Union Minister of State for Home G Kishan Reddy who formally inaugurated the facility said he, on behalf of the Centre, would extend all the support for ARC, which is expected to create more jobs in future.
Israel and India has long relationships and share common goal of elimination of terrorism.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
