UAE-based Caracal opts for 'Make in India' program to supply nearly one lakh CAR 816 assault rifles
According to reports, UAE-based small arms manufacturer Caracal has announced that they are committed to the 'Make in India initiative to fast-track the supply of 93,895 CAR 816 assault rifles. In 2018, Indian Ministry of Defence had selected the company to supply assault rifles to Indian Army. Caracal also stated that they have already identified the required land, facility and local partners to be able to commence production immediately.
Over 20 per cent of the components fitted on the CAR 816 are already made in India, with Caracal now making a commitment to fully manufacture the rifles in-country, in line with the 'Make in India' initiative. The initiative will also see Caracal oversee technology transfer.
Furthermore, according to company statement, they have already surpassed global competitors in terms of performance and technicalities to win the bid two years ago, and now confirms its readiness to service the fast track order from India within 12 months.
This project is going to give a big push to ‘Make in India’ scheme and further set a roadmap of recovery for the Indian economy. In these unprecedented times, manufacturing companies are gearing up to bring back the sector on track.