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Israel Aerospace Industries sets up its Indian subsidiary in Delhi
Image Credit: .ai.co.il

Israel Aerospace Industries sets up its Indian subsidiary in Delhi

| @indiablooms | 28 Mar 2024, 04:28 pm

New Delhi: Israel Aerospace Industries (IAI), a world-class aerospace and defence company, has opened Aerospace Services India (ASI), its Indian subsidiary, in the national capital.

"The opening of ASI shows its demonstration with the Indian government's 'Atmanirbhar Bharat'—Make I in India—vision and its commitment to the partnership between IAI and DRDO in developing and supporting advanced systems for the Indian armed forces," ASI said in a statement.

With its new facilities on the ground, ASI can significantly reduce turnaround times for repairs and service operations, ensuring swift and efficient support for customers.

Additionally, by operating locally, ASI is committed to reducing the cost of services and repairs, thereby providing tangible benefits to its valued customers.

ASI trades in Indian rupees and is the sole authorised OEM’s Technical Representative for the entire Medium Range Surface-to-Air Missile (MRSAM) system.

MRSAM is an advanced and innovative air and missile defence system that provides ultimate protection against various aerial platforms. It is used by the Indian Army,  Indian Air Force, and the Indian Navy.

The system includes an advanced phased array radar, command and control, mobile launchers, and interceptors with an advanced RF seeker.

MRSAM is jointly developed by IAI and DRDO for the Indian forces.

IAI's President and CEO, Boaz Levy, said, “IAI proudly presents ASI as our first major milestone towards India’s ATMANIRBHAR BHARAT vision on self-reliance. India and Israel’s partnership has witnessed state-of-the-art achievement. This growth and development will create history when our two nations foster IAI’s technology and India’s talent and expertise in the defence sector. Together, we will make Bharat ATMANIRBHAR."

“Over the past 30 years, IAI has worked closely with our Indian partners, collaborating on some of the latest technologies. Our new ASI office will allow us to further that commitment,” said Danny Lauber, CEO of Aerospace Services India (ASI).

ASI has a workforce of around 50 employees, with 97% being Indian nationals.

Headquartered in Delhi, ASI's strategically located branches extend its services across the entirety of the Indian subcontinent, reaffirming its commitment to nationwide coverage and customer satisfaction.

(With UNI inputs)

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