Investment & Precision Castings has secured a contract from PLR Systems for the supply of precision investment castings components for the defense sector. The company aims to convert this initial contract into a long-term engagement with PLR Systems, thereby establishing a sustainable relationship in the defense segment.
PLR Systems is a joint venture (JV) between the Adani Group and Israel Weapon Industries (IWI), specializing in manufacturing small arms and associated defense equipment. This entity is known for producing renowned weapons such as the TAVOR Assault Rifle, X95 Assault Rifle, GALIL Sniper Rifle, NEGEV Light Machine Gun, and UZI Sub Machine Gun, which are extensively used by the Indian Armed Forces and Central Armed Police Forces.
Investment & Precision Castings is an India-based company. The company is engaged in the investment casting business.
