Kalyani Group has tied-up with Israel’s Rafael Advanced Defense Systems to develop and manufacture high-technology systems for the defence sector which will include a wide range of technologies and systems, like missile technology, remote weapon systems and advanced armour solutions. Kalyani Group will hold 51% of the stake in the company while Rafael will hold 49%.

Source:http://www.livemint.com/Companies/nIpn3xFKjaZqTkCghkhZSM/Kalyani-Group-ties-up-with-Israels-Rafael.html?utm_source=copy