ICOMM signs ‘Technology Transfer’ agreement from UAE to Indian private company for the first time with CARACAL from EDGE Group for Defense Articles

• ICOMM (MEIL Group Firm) indicators License Settlement with UAE based mostly EDGE group CARACAL for native manufacturing of CARACAL firearms
• Settlement marks first-ever ‘Know-how Switch’ for protection merchandise from UAE to India

In India’s story of development in protection manufacturing, ICOMM, a bunch firm of Megha Engineering & Infrastructures Ltd (MEIL), took middle stage. At this time ICOMM signed a partnership and licensing settlement with UAE-based EDGE group CARACAL for Know-how Switch (ToT) for the primary time in protection articles. Underneath the settlement, ICOMM will domestically manufacture CARACAL’s whole vary of small arms for the Indian market underneath the ‘Make in India’ and Aatmanirbhar Bharat initiatives.

The signing passed off on the ongoing IDEX 2023 in Abu Dhabi, UAE, one of many world’s largest three-service protection exhibitions.

ICOMM presents your entire CARACAL small arms vary, together with the versatile CARACAL EF pistol, the trendy CMP 9 submachine gun, the CAR 814, CAR 816 and CAR 817 tactical rifles, the CAR 817 DMR tactical sniper rifle, the CSR 50 anti-material sniper rifle. will produce. CSR 338 and CSR 308 sliding sniper rifles and CSA 338 semi-automatic sniper rifle.

Sumanth P, Managing Director of ICOMM, stated, “India’s Protection Trade is on a robust observe to develop its dominant manufacturing capabilities. This settlement is an instance of CARACAL’s dedication to aiding India’s ambitions to make its protection sector self-sufficient.”

The Authorities of India has taken the indigenization of Protection manufacturing critically, breaking the age-old view of permitting the personal sector to supply weapons, guaranteeing that there isn’t any disruption to the provision chain. “It’s a proud second for us to enter gentle arms manufacturing,” added Sumanth.

CARACAL’s whole vary of small arms will probably be manufactured at ICOMM’s world-class design, growth and manufacturing middle in Hyderabad. ICOMM is likely one of the largest corporations producing missiles and subsystems, communications and EW techniques, radars, electro-optics, composites, loitering munitions, bunkers, drone and counter-drone techniques.

Hamad Al Ameri, CEO of CARACAL, stated, “This strategically vital signature with ICOMM for cooperation within the Indian market is a crucial purpose for CARACAL. Offering end-to-end options throughout a number of industries, together with engineering and defence, as India continues to satisfy its sovereign protection ambitions. We look ahead to partnering with ICOMM, whose capabilities complement CARACAL’s portfolio of superior small arms.”

About ICOMM

ICOMM is a bunch firm of Megha Engineering & Infrastructures Ltd (MEIL), certainly one of India’s largest infrastructure corporations, with Annual Gross sales of over US$4.0 Billion. It has greater than 40,000 workers engaged on numerous initiatives unfold throughout 18 workplaces around the globe. ICOMM Tele Restricted was established in 1989, with state-of-the-art services unfold over a 110-acre facility with a development space of ​​greater than 1,050,000 Sq.ft. Protection and Aerospace, Power, Roads, Oil and Gasoline and Telecom sectors. The corporate started designing and manufacturing RF elements, Antennas and Masts in 1989. Over the past 25 years, India has grown into a corporation that develops and manufactures merchandise for the Protection Trade. In its journey of greater than 20 years, it has delivered Missiles and Subsystems, Fight & EW, Composite, Drone & Counter-Drone Programs, Radar Programs, Electro-Optics, Shelters and Command and Management Middle, UAV and Antennas. Indian Armed Forces, protection and different sectors.

For extra info, go to https://icommtele.com

About MEIL

Based in 1989, Megha Engineering and Infrastructures Ltd. (MEIL) is likely one of the quickest rising infrastructure corporations based mostly in India. In its thirty-year journey, MEIL has been part of laying quite a few main civil buildings, pump rooms, giant water remedy vegetation, dams, reservoirs, energy era models, tunnels, refineries, and oil and fuel pipelines. and power transmission traces around the globe. All these initiatives play an vital function in enhancing the standard of lifetime of unusual individuals for a few years within the foreseeable future. Globally the corporate has a footprint in over 20 international locations.

For extra info, go to https://meil.in

About CARACAL

Based in 2007, CARACAL is a regional and worldwide chief in high-performance small arms. The corporate has a producing legacy of over 15 years that designs, designs, innovates and manufactures confirmed firearms for legislation enforcement, safety and army forces. CARACAL’s product portfolio contains pistols, submachine weapons, assault rifles and sniper rifles of varied calibers. CARACAL’s expertise is mirrored within the high quality, efficiency and reliability of its rising vary of weapons, incorporating the newest technological advances developed to satisfy the evolving and difficult nature of warfare in addition to the varied mission necessities of consumers within the UAE and overseas. CARACAL is a part of the Missiles and Weapons cluster of the EDGE Group, a complicated know-how group that ranks among the many world’s 25 largest army suppliers.

For extra info, go to https://caracal.ae