Announced
Completed
Synopsis
John Cockerill Defense, which is engaged in advanced defense systems and industrial engineering, and Electro Pneumatics and Hydraulics (India), a defense technology company, formed a joint venture. Financial terms were not disclosed. “As an Indian company deeply committed to the nation’s defense modernization goals, we are delighted to partner with John Cockerill in this strategic initiative. This JV strengthens our long-standing commitment to ‘Make in India’ and ensures that world-class defense solutions are manufactured domestically for the Indian armed forces. By leveraging John Cockerill’s advanced technology and our local industrial expertise and capabilities in all core technologies, we are committed to driving innovation, localization, and world-class manufacturing for the Indian armed forces,” Ingrid Rasquinha, Electro Pneumatics and Hydraulics (India) Jt. Managing Director.
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