Pune-based technical textile manufacturer Garware Wall Ropes Ltd (GWRL) and Israeli technology company Aero-T have joined hands to produce advanced aerostats.
The aerostats to be developed by the two companies will help in low-level ground surveillance in different terrains.
GWRL and Aero-T signed an MoU to manufacture aerostats (tethered balloons) and supply it to the Indian defence forces, in the backdrop of Prime Minister Narendra Modi’s recent visit to Israel.
Vayu Garware, CMD of the company, said, “We will combine our strengths with Aero-T to develop advanced aerostats.” He added: “For the Rs 870-crore turnover GWRL, aerostats will be a natural diversification.”
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