Collaboration in the Indian market is one of CARACAL’s key objectives
Hyderebad’s ICOMM and CARACAL from the UAE has announced a partnership to develop a complete portfolio of locally manufactured small arms for the Indian Defence forces and export markets.
“Building partnerships and seeking valuable opportunities for collaboration in the Indian market is one of CARACAL’s key objectives,” said CARACAL CEO Hamad Alameri, following the signing of partnership during DEFEXPO 2022 held Gandhinagar 18-22l October 22.
“We look forward to exploring these opportunities further with ICOMM, whose experience as an industry leader providing turnkey solutions across multiple sectors, including engineering and defence, complements CARACAL’s portfolio of advanced small arms.
“Through our agreement to form a partnership, we can benefit from greater knowledge sharing, and can utilise our individual strengths, and our synergies, to reinforce our support of the overall ‘Make in India’ strategy,” he underlined.
ICOMM’s MoU with CARACAL (EDGE Group, UAE) is a step towards making the Defence sector in India self-sufficient and self-reliant in light of the geopolitical shifts taking place throughout the world,” added ICOMM Chief Sumanth P.
“Under the ICOMM-CARACAL cooperation, the complete line of small arms will be produced in ICOMM’s world-class design, development and manufacturing centre in Hyderabad.
“Presently, ICOMM is one of the large companies in manufacturing Missile & Sub-Systems, Communications & EW System, Radars, Electro-Optics, Composites, Loitering Munitions, Shelters, Drone & Counter Drone System. Our entry into the small arms is a proud moment for us.”
Established in 2007, CARACAL is a regional and international leader in high-performance small arms. The company designs, engineers, innovates and manufactures mission-proven firearms for law enforcement, security and military forces, with a production legacy spanning more than 15 years.
It is a leading small arms manufacturer and entity within EDGE Group of the United Arab Emirates.
ICOMM is a group company of Megha Engineering & Infrastructures Ltd (MEIL), which is one of the largest infrastructure companies in India with over 35,000 employees working on various projects. It has 18 offices across the Globe. fiinews.com
