Garware-Wall Ropes Ltd. and Israel’s Aero–T Signs MoU
Garware-Wall Ropes Ltd. (GWRL), a leading manufacturer of technical textiles for the Indian and global markets, announced the signing of a Memorandum of Understanding (MoU) with Israel’s Aero-T showing intention to combine their capability for manufacturing and supply of advanced aerostats for Indian defence.
The MOU between GWRL and Aero-T envisages intention of the parties to establish future co-operation between both companies to facilitate a fully indigenised development, production, delivery and maintenance support for advanced aerostats required for both military and civilian use. The intended co-operation will entail GWRL establishing an aerostat envelope production facility and Aero-T providing the technology, know-how, integration, acceptance and continuous support for the aerostats development & production. Simultaneously, there will be co-operation with Indian R&D establishments, such as DRDO/ ADRDE and the end customers to understand their needs and co-develop customized solutions.
Speaking on the occasion, CMD, Garware–Wall Ropes Ltd, Vayu Garware said, “We have always been committed to be a centre of excellence serving the needs of our customers through innovative differentiated solutions. The MOU with Aero- T marks another step on our ‘Make in India’ approach wherein we along with Aero-T will be able to cater to the needs of the Indian Defence by providing completely indigenized aerostats backed by our reliable delivery and maintenance support.”
CEO, Aero-T, Rami Shmueli said, “Aero-T is excited cooperating with GWRL to become the supplier of choice for aerostat systems in India. We are very impressed with GWRL production quality, the ability to handle large-scale projects and its unique high-tech capabilities in technical textiles. Aero-T has proven solutions for all weather, high performance aerostats and the experience of fielding such systems all over the world in varied terrain ranging from very hot deserts to ice cold mountains. Our core team has an exhaustive experience of operating a variety of aerostats for the Israeli defence forces as well as other global markets.”