14
Aug
Hyderabad: The establishment of India's first private sector missile manufacturing facility here is seen as another feather in the cap of the Telangana capital, which has emerged as a key hub of the aerospace and defence industry. Industry leaders say the city has become the ground for implementing the Make in India initiative as several global giants have joined hands with the Indian players to set up manufacturing units. Kalyani Rafael Advanced Systems (KRAS), a joint venture between Israel's Rafael and Kalyani Strategic Systems, will produce the third generation Spike anti-tank guided missile (ATGM) for the Indian Army. The state-of-the-art facility has come…