Punj Lloyd & Israel's IWI open small arms production plant in MP

Punj Lloyd Ltd (through its wholly-owned subsidiary Punj Lloyd Industries Limited) and its JV partner Israel Weapon Industries (IWI) has inaugurated the country's first private sector small arms manufacturing plant at Malanpur in Madhya Pradesh. The JV company, Punj Lloyd Raksha Systems Pvt Ltd, will manufacture small arms in the plant for the Indian defence forces and also for exports. 

“This is the first opportunity for the country to get its own 'Made in India' small arms. The need of the hour is to replace the country's defence weapons with sophisticated and high precision products and Punj Lloyd Raksha Systems is