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Punj Lloyd & Israel's IWI Opens Arms Production Plant In MP

Industry Not elsewhere specified

Punj Lloyd Ltd (through its wholly-owned subsidiary Punj Lloyd Industries Limited) and its JV partner Israel Weapon Industries (IWI) has inaugurated small arms manufacturing plant at Malanpur in Madhya Pradesh. The Rs.200 crore plant is the first private sector small arms manufacturer in India.

Extracted from BS, May 04,’17

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