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Kalyani group set to tie up with Rafael to make Spike missiles

India’s Kalyani Group and Rafael of Israel are all set to form a manufacturing Joint Venture to produce Spike Anti-Tank Guided Missiles (ATGM) in India with Bharat Dynamics Limited (BDL). However the final deal for Spike is yet to be cleared and contract negotiations are currently underway. Under the agreement, the JV is expected to manufacture sub-assemblies and BDL will do electro optics and do hot integration at its Hyderabad facility which currently manufactures French Milan ATGMs.

Source:http://www.thehindu.com/news/national/kalyani-group-ties-up-with-rafael-to-make-spike-missiles/article7478207.ece

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