India blacklisting South African, Israeli, Swiss defense suppliers

by Gunjan

India’s Defense Minister AK Anthony mentioned several foreign defense suppliers as being recommended for blacklisting by the country Central Bureau of Investigation. This  information came in reply to a question in India’s upper house of Parliament.

The companies include

  • Singapore Technologies Kinetics Ltd (STK), Singapore
  • Israel Military Industries Ltd. (IMI), Israel
  • Rheinmetall Air Defence (RAD), Zurich, Siwtzerland
  • Denel,  South Africa
  • Soltam, Israel

This substantiates India’s commitment to transparency on the defense instruments procurement side.

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Posted on July 30th, 2010 by Gunjan
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. He is author of Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market (Hachette Book Group, July 2008).

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