Named ELTX, the new JV is expected to deliver transfer of knowledge and technology of high-end defense systems’ capabilities such as airborne radars and ground systems for the Indian defense sector.
IAI (Israel Aerospace Industries), a world-class aerospace and defense leader, and DCX Systems Limited, announced today the establishment of a new joint venture (JV) to support the Indian Government’s ‘Atmanirbhar Bharat’ – ‘Make in India” vision. Named ELTX, the new JV is expected to deliver transfer of knowledge and technology of high-end defense systems’ capabilities such as airborne radars and ground systems for the Indian defense sector.
IAI has made substantial investments in India’s defense ecosystem as part of the Company’s long-term commitment to India’s self-reliance goals. These investments are aimed at empowering India to independently operate, maintain and enhance its defense capabilities through job creation, upskilling local Indian workforce and contribution to the growth of the Nation’s defense manufacturing. In recent years, IAI launched its Indian subsidiary – Aerospace Services; announced a partnership with Delhi’s Indian Institute of Technology; demonstrated collaboration with Indian deep-tech startups by launching an Innovation Acceleration Program; and most recently opened a facility in Hyderabad to enhance localized Maintenance, Repair and Overhaul capabilities for advanced radar systems and reduced turnaround times for India’s Armed Forces.
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IAI’s President and CEO, Boaz Levy: “This latest strategic partnership marks yet another significant milestone in the deepening defense collaboration between Israel and India. By combining Israeli innovation with India’s growing industrial base, we are proud to co-develop next-generation technologies that address evolving security needs while advancing India’s vision of ‘Make in India’. Through mutual transfer of knowledge and capabilities, we are enhancing battlefield readiness and helping to unlock India’s full potential as a global hub for defense technology and economic growth.”
IAI EVP and ELTA’s CEO, Dror Bar: “IAI/ELTA’s radars, airborne systems, homeland security and intelligence systems are at the forefront of the defense world for the last decades and serve India’s tri-services and Armed Forces. We are proud to significantly increase our commitment to support indigenization of our technologies in India and to establish this local JV, that will enhance the design and development of mutual defense electronics solutions.”
DCX’s Chairman & Managing Director, Dr.H.S.Raghavendra Rao: “We are proud to collaborate with IAI, a world acclaimed defense leader and sign this JV, a testament of our commitment to reinforcing India’s defense capabilities. Through this JV, we will combine IAI’s innovative radar technologies with DCX’s local expertise and production infrastructure in order to deliver cutting-edge systems tailored to the growing needs of the Indian Armed Forces.”
For the past 40 years, IAI built close partnerships with India and its Armed Forces by developing and providing advanced technologies and strategic systems to the Country, including air and missile defense systems, unmanned aerial systems, satellites, radars, training platforms and more. IAI’s cutting-edge systems and technologies are in operational use in India’s tri-services and additional government agencies.
DCX Systems Limited specializes in manufacturing RF and other Electronic Systems primarily for the Defense and Aerospace sector with its state-of-the-art manufacturing facility in Bangalore.
