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A global campaign to boycott Israeli industry has hailed the reported cancellation of a $500-million deal with an Israeli military firm for manufacturing Spike, an anti-tank guided missile, as a “huge blow” to the military industry of the West Asian state.
On November 20, Indian Express reported that the defence ministry has decided to cancel the India-Israeli venture as it would adversely impact the indigenous development of the Man-Portable Anti-Tank Guided Missile (MPATGM) by the Defence Research and Development Organisation.
Prime Minister Narendra Modi’s visit to Israel in July this year had given
